HomeMy Public PortalAboutCertification of Taxable Value.tifCERTIFICATION OF TAXABLE VALUE
r ARTMEhT
OF REVENUE
DR -420
R. 6110
Rule 120-16.002
Ronda Admrtistrative Code
Year 2010
County MIAMI-DADE
Principal Authority
VILLAGE OF KEY BISCAYNE
Taxing Authority VILLAGE OF KEY BISCAYNE
SECTION 1: COMPLETED BY PROPERTY APPRAISER
1,
Current year taxablevalue of real property for operating purposes
$
5,390,947,415
(1)
2.
Current year taxablevalue of personal property for operating purposes
$
38,812,865
(2)
3,
Current year taxablevalue of centrally assessed property for operating purposes
$
0
(3)
4.
Current year gross taxable value for operating purposes (Line i plus Line 2 plus Line 3)
$
5,429,760,280
(4)
5,
Current year net new taxable value (Add new construction, additions, rehabilitative
improvements increasing assessed value by at least 10096, annexations, and tangible
pctsonat propertyvalue over 115% of the previous year's value. Subtract deletions )
$
13,152,147
(5)
6,
Current year adjusted taxablevalue (Line 4 minus L6ie 5)
$
5,416,608,133
(6)
7,
Prior year FINAL gross taxablevalue from prior year applicable Form DR -403 series
$
5,794,124,909
(7)
8.
Does the taxing authority include taxincrernent financing areas? If yes, enter number of
worksheets (D R-420TIF) attached. If none, enter 0
Y
Yes
x
No
Number
0
(8)
9,
Does the taxing authority levy a voted debt service millage or a rnillage voted for 2 years or
less under s. 9(b), Article VII, State Constitution? (If yes, enter the number of for ms
DR-420DEBT, Certification ofVoted Debt Midge for each debt service levy,)
(
I Yes
x
No
Number
0
(9)
0 w
17 =
Property Appraiser Certification
I certify the taxable values above are correct to the best of my knowledge.
Signature of Pro yAp iser
Date
July 1, 2010
SECTION II: COMPLETED BY TAXING AUTHORITY
If this portion of the form is not completed in FULL your authority will be denied TRIM, certification and
possibly lose its mitlage levy privilege for the tart year. If any line is not applicable, -0-
10rPrioryearoperatingrnillagelevy(ifprioryearmllagewasadjustedthenuseadjustedmiltage
from Form DR -422)
0 $1,000
3.2000
(10)
11.
Prior year ad valorem proceeds (Line 7 multiplied by Line 10, dbided by 1,000)
$ I)i 4 1 D
(11)
12.
Amount, If any, paid or applied In prior year as a consequence of an obligation measured by
a dedicated incrernentvalue (Sum of either Lines 6corLine 7afor all DR-420T1Fforms)
$ 0
(12)
13.
Adjusted prior year ad valorem proceeds (Line 11 minus Line 12)
$ 18, 541, 200
(13)
14.
Dedicated increment value, if any (Sum of either Line 6b or Line 7e for all DR-420T1F forms)
$ o
(14)
15.
Adjusted current year taxable value (Line 6 minus Line 14)
$ 5:._, 416 , 608, 133
(15)
16,
Current year rolled -back rate (Line l3divided byLine 15,milt Oiled by1,0001
3.4230 per $1000
(16)
17.
Current year proposed operating rnlilage rate
3.2000 per $1000
(17)
18'
Total taxes to be levied at proposed miliage rate (Line 17 multiplied by Line 4 divided by
L0001
$17,375,233 0(18)
Continued on page 2
DR -420
8.6/10
Page 2
County — Independent
Independent Special District
19 TYPE of principal authority (check one) (19)
XX Municipality Water Management District
XX Principal Authority j Dependent Special District
(20)
MSTU 1 Water Management District Basin
20.; Applicable taxing authority (check one)
21 Is millage levied in more than one county? (check one)
Yes X No (21)
etAR DISTRICTS AND MSTUs STOP HERE = SIGN AND SUBMIT
Enter the total adjusted prior year ad valorem proceeds of the principal authority, all
22. dependent special districts, and MSTUs levying a m Ilage. (The sum of Line 13 limo!!
DR -420 forms)
$18,541,200
(22)
Current year aggregate rolled -back rate (Line 22 divided by Line 15, multiplied by 1,000) 3 . 4 230 per 51,000 (23)1
I Current year aggregate rolled -back taxes (Line4 multiplied by tine 23, divided by 1,000) 5 18, 86 , Qh 9 (`4)!
Enter total of all operating ad valorem taxes proposed to be levied by the principal taxing
25 authority, all dependent districts, and MSTUs, if any. (Total of Line 18 from all DR -420 forms) ! 517 , 3 7 5 , 23 3 (25);
26 (Current year proposed aggregate rnillage rate (Line 25 divided by tine 4, multiplied per 51,000 (26)
by 1,000)
3.2000
27 Current year proposed rate as a percent change of rolled -back rate (Line 26 divided by Line y)
23, minus 1 multiplied by 100)
First public
budget hearing
SIGN HERE
Date
09/14/10
lime Place
Taxing Authority Certification
Signature of C,
Title
Village Manager
Mailing Address
7:00pm Key Biscayne, FL 33149
-6.51
560 Crandon Boulevard
I certify the millages and rates are correct to the best of my knowledge. The
millages comply with the provisions of s. 200.065 and the provisions of either
s. 200,071 or s. 200.081, F.S.
138 West McIntyre Street
City, State, Zip
KDy Biscayne Fl, 3.3.14_ _
Date
-7/3/tti
Contact Name
Genaro "Chip" Iglesias
Physical Address
88 West McIntyre Street
Key Biscayne, FL 33149
Phone Number Fax Number
I CIO )_365-5500 (105) 3658)36_
Instructions on page 3
;J<rloervt•r
[JF iii ', I t.UL
MAXIMUM MILLAGE LEVY CALCULATION
PRELIMINARY DISCLOSURE
For municipal governments, counties, and special districts
DR-420MM-P
R 6/10
Rule 120-16.002
Florida Administrative Code
Year
2010
County
Miami -Dade
Principal Authority
Village of Key Biscayne
Taxing Authority
Village of Key Biscayne
1'
is your taxing authority a municipality or independent special district that has levied ad
valorem taxes for less than 5 years?
Li Yes ,/ No
(1)
IF YES, ST01? STOP HERE. SIGN AND SUBMIT. You are not subject to a millage limitation.
2.
Current year rolled -back rate from Current Year Form DR -420, Line 16
3.4230 per 51,000
(2)
3.
Prior year maximum millage rate with a majority vote from 2009 Form DR-420MM, Line 13
3.4991 per 51,000
(3)
4.
Prior year operating millage rate from Current Year Form DR -420, Line 10
3.2000 per 51,000
(4)
If Line 4 is equal to or greater than Line 3, skip to Line 11. If less, continue to Line 5.
Adjust rolled -back rate based on prior year majority -vote maximum millage rate
5.
Prior year final gross taxable value from Current Year Form DR -420, Line 7
$
5,794,124,909
(5)
6
Prior year maximum ad valorem proceeds with majority vote
(Line 3 multiplied by Line 5 divided by 1,000)
$
20,274,222
(6)
7
Amount, if any, paid or applied in prior year as a consequence of an obligation measured
by a dedicated increment value from Current Year Form DR -420 Line 12
5
4
(7)
8.
Adjusted prior year ad valorem proceeds with majority vote (Line 6 minus Line 7)
S
20,274,222
(8)
9.
Adjusted current year taxable value from Current Year form DR -420 Line 15
5
5,416,608,133
(9)
10,
Adjusted current year rolled -back rate (Line 8 divided by Line 9, multiplied by 1,000)
3.7430
per 51,000
(10)
Calculate maximum millage levy
11
Rolled -back rate to be used for maximum millage levy calculation
(Enter Line 10 if adjusted or else enter Line 2)
3.7430 per S1,000
(11)
12.
Change in per capita Florida personal income (See Line 12 instructions)
.9811
(12)
13.
Majority vote maximum millage rate allowed (Line 11 multiplied by Line 12)
3.6723 per 51,000
(13)
14.
Two-thirds vote maximum millage rate allowed (Multiply Line 13 by 1.10)
4.0395 per 51,000
(14)
15.
Current year proposed millage rate
3.2000 per S1,000
(15)
16.
Minimum vote required to levy proposed millage: (Check one)
(16)
fl a. Majority vote of the governing body: Check here, if Line 15 is less than or equal to Line
f r' equal to the majority vote maximum rate. Enter Line 13 on Line 17.
- b. Two-thirds vote of governing body: Check here if Line 15 is less than or equal to Line 14,
- maximum miliage rate is equal to proposed rate. Enter Line 15 on Line 17.
c. Unanimous vote of the body, 3/4 if Check here
13. The maximum millage rate is
but greater than Line 13. The
if Line 15 is greater than Line 14.
on Line 17.
governing or vote nine members or more:
■ The is Enter Line 15 Line 17.
maximum millage rate equal to the proposed rate. on
al d. Referendum: The maximum millage rate is equal to the proposed rate. Enter Line 15
17
The selection on Line 16 allows a maximum millage rate of
(Enter rate indicated by choice on Line 16)
3.6723 per $1,000
(17)
18.
Current year gross taxable value from Current Year Form DR -420, Line 4
5 5,429,760,280
(18)
Continued on page 2
OR-420MM-P
R.6/10
Page 2
19.
Current year proposed taxes (Line 15 multiplied by Line 18, divided by 1,000)
$ 17,375,233
(19)
20.
Total taxes levied at the maximum millage rate (Line 17 multiplied byline 18. divided by
1,000)
$ 19,939,709
(20)
STOP HERE. SIGNANQ SUBMIT.
OEp.ENDEI!"5'PE L, D/ST'i:CTSAND hMSTtfs 41:1)
21
Enter the current year proposed taxes of all dependent special districts & MSTUs levying a
millage (The sum of all Lines 19 from each district's Form DR -420 MM -P)
5
0
(21)
22.
Total current year proposed taxes (Line 19 plus Line 21)
5
17,375,233
(22)
Total Maximum Taxes
23.
Enter the taxes at the maximum millage of all dependent special districts & MSTUs levying
a millage (The sum of all Lines 20 from each district's Form DR -420 MM -P)
5
0
(23)
24.
Total taxes at maximum rnillage rate (Line 20 plus line 23)
5
19,939,709
(24)
Total Maximum Versus Total Taxes Levied
Are total current year proposed taxes on Line 22 equal to or less than total taxes at the
25. maximum millage rate on Line 24? (Check one)
(,/
Yes
n No
(25)
SIGN HERE
Taxing Authority C ification
Ice ify the millages and rates are correct to the best of my knowledge. The millages comp y
wi the provisions of s. 200.065 and the provisions of either s. 200.071 or s. 200.081, F.S.
Signature of Chief 9 inistrative Officer
--
Date
`! U
1 i 7 i
Title /
Village Manager ///
Contact Name
Genaro "Chip" Iglesias
Mailing Address
88 West McIntyre Street
Physical Address
88 West Mclnytre Street
City, State, Zip
Key Biscayne, FL 33149
Phone Number
305-365-5500
Fax Number
305-365-8936
Complete and submit this Form DR-420MM-P, Maximum Millage Levy Calculation -
Preliminary Disclosure, to your property appraiser with the Form DR -420,
Certification of Taxable Value.
Instructions on page 3