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BAL HARBOUR
- VILLAGE -
OFFICE OF THE VILLAGE MANAGER LETTER TO COUNCIL
NO. 082-2021
Mayor Gabriel Groisman and Members of the Village Council
Jorge M. Gonzalez, Village Manage
June 4, 2021
2021 June Assessment Roll Estimate
The purpose of this Letter to Council (LTC) is to inform you
The purpose of this Letter to Council (LTC) is to transmit to you a copy of the Assessment Roll
Estimate provided by the Miami -Dade County Property Appraiser.
On June 1 of each year, the Miami -Dade County Property Appraiser provides an estimate of
the current year's Assessment Roll Values, with official certification to follow on July 1. Existing
property tax values decreased $31,990,506 or -.6% from the 2020 July 1 Estimated Taxable
Value of $5,276,990,506 to the June 1 2020 Estimated Taxable Value of $5,245,000,000.
Applying the estimated reduction to our General Fund Property Tax values at the current
millage rate, would result in a decrease of $59,730 in tax revenues, at 95% as required for
budget purposes by the State of Florida of tax revenue Village -wide. Per the Miami -Dade
County Property Appraiser the overall valuation decrease results from a combination of
declining condominium values in addition to demolitions that occurred during Calendar 2021.
In late June, we anticipate receipt of revenue estimates from the State of Florida Department
of Revenue for Franchise Fees, Utility Taxes, State Revenue Sharing, Sales Tax, and
Communication Service Taxes, this information will present a more complete picture of the
estimated revenues for the coming Fiscal Year, which will continue the current focus on moving
the Village forward with respect to service delivery, technology, and infrastructure
improvements.
The millage rate determines the ad valorem revenue for the General Fund which funds a
myriad of general governmental services. Every element of the Bal Harbour Experience is
funded in part through General Fund resources and therefore are supported by the General
Fund Property Taxes.
Should you have any questions or need any additional information, please contact me.
Attachment: 2021 Assessment Roll Estimate, Miami -Dade County Property Appraiser
JMG/CD
MIAMI -DARE COUNTY
PROPERTY APPRAISER
ADMINISTRATIVE DIVISION
PEDRO J. GARCIA
PROPERTY APPRAISER
June 1, 2021
The Honorable Gabriel Groisman, Mayor
Bal Harbour Village
655 - 96th Street
Bal Harbour, FL 33154
RE: 2021 ASSESSMENT ROLL ESTIMATE
Dear Mayor Groisman:
The June 1st Estimate of $5,245,000,000 in taxable value is being provided in accordance with
Section 200.065(8), Florida Statutes, so that you may start preparing for next year's budget. It is
important to note that July 1st is the official certification date for the 2021 assessment roll. The
June 1st taxable value is only an estimate, which is subject to change.
want to thank you for your consideration and if you have questions or need clarification, you may
contact me at 305-375-4004.
Sincerely,
__,,_a
Pedro J. Garcia, MNAA
Property Appraiser
cc: Jorge M. Gonzalez, Viallage Manager
Claudia Dixon, CFO
1 1 1 N\V IST STREET, SUITE 710 • MIAMI, FLORIDA • 33128
PHONE: 305-375-4155 • FAX: 305-375-3024
WEB SITE: WWW.MIAMIDADE.GOV/PA
TAXING AUTHORITY
2020
PRELIMINARY
TAXABLE
VALUE
2021 ESTIMATED
TAXABLE VALUE
BEFORE NEW
CONSTRUCTION
PERCENT
CHANGE
NEW
CONSTRUCTION
2021
JUNE 1ST
ESTIMATE
PERCENT
CHANGE
FROM 2020
01 MIAMI
63,007,642,722
63,942,000,000
1.5%
1,609,000,000
65,551,000,000
4.0%
0101 MIAMI ( DDA)
22,602,000,352
22,257,000,000
-1.5%
312,000,000
22,569,000,000
-0.1%
02 MIAMI BEACH
41,742,998,986
41,502,000,000
-0.6%
147,000,000
41,649,000,000
-0.2%
0201 MB NORMANDY SHORES
242,757,511
245,000,000
0.9%
3,000,000
248,000,000
2.2%
03 CORAL GABLES
17,449,831,481
17,849,000,000
2.3%
236,000,000
18,085,000,000
3.6%
04 HIALEAH
12,482,037,363
13,236,000,000
6.0%
234,000,000
13,470,000,000
7.9%
05 MIAMI SPRINGS
1,323,842,345
1,332,000,000
0.6%
16,000,000
1,348,000,000
1.8%
06 NORTH MIAMI
3,739,669,946
3,936,000,000
5.2%
25,000,000
3,961,000,000
5.9%
07 NORTH MIAMI BEACH
3,529,913,811
3,620,000,000
2.6%
7,000,000
3,627,000,000
2.8%
08 OPA-LOCKA
1,235,577,011
1,305,350,000
5.6%
650,000
1,306,000,000
5.7%
09 SOUTH MIAMI
2,073,136,890
2,116,000,000
2.1%
5,000,000
2,121,000,000
2.3%
10 HOMESTEAD
3,484,285,806
3,650,000,000
4.8%
98,000,000
3,748,000,000
7.6%
11 MIAMI SHORES
1,257,307,461
1,309,000,000
4.1%
6,000,000
1,315,000,000
4.6%
12 BAL HARBOUR
5,276,990,506
5,246,000,000
-0.6%
-1,000,000
5,245,000,000
-0.6%
13 BAY HARBOR ISLANDS
1,378,221,700
1,360,000,000
-1.3%
12,000,000
1,372,000,000
-0.5%
14 SURFSIDE
3,126,037,017
3,278,000,000
4.9%
7,000,000
3,285,000,000
5.1%
15 WEST MIAMI
653,085,160
668,000,000
2.3%
51,000,000
719,000,000
10.1%
16 FLORIDA CITY
636,829,519
645,000,000
1.3%
54,000,000
699,000,000
9.8%
17 BISCAYNE PARK
249,288,141
268,000,000
7.5%
1,000,000
269,000,000
7.9%
18 EL PORTAL
181,958,463
193,200,000
6.2%
800,000
194,000,000
6.6%
19 GOLDEN BEACH
1,179,521,503
1,192,000,000
1.1%
2,000,000
1,194,000,000
1.2%
20 PINECREST
5,154,597,513
5,318,000,000
3.2%
48,000,000
5,366,000,000
4.1%
21 INDIAN CREEK
678,324,831
723,000,000
6.6%
0
723,000,000
6.6%
22 MEDLEY
2,648,409,814
2,818,000,000
6.4%
8,000,000
2,826,000,000
6.7%
23 N. BAY VILLAGE
1,083,771,883
1,112,000,000
2.6%
4,000,000
1,116,000,000
3.0%
24 KEY BISCAYNE
8,202,651,483
8,241,000,000
0.5%
22,000,000
8,263,000,000
0.7%
25 SWEETWATER
1,976,624,409
1,996,000,000
1.0%
27,000,000
2,023,000,000
2.3%
26 VIRGINIA GARDENS
276,373,531
313,800,000
13.5%
200,000
314,000,000
13.6%
27 HIALEAH GARDENS
1,492,019,968
1,585,000,000
6.2%
6,000,000
1,591,000,000
6.6%
28 AVENTURA
10,550,216,874
10,381,000,000
-1.6%
14,000,000
10,395,000,000
-1.5%
30 UNINCORPORATED
87,269,294,245
90,981,000,000
4.3%
879,000,000
91,860,000,000
5.3%
31 SUNNY ISLES BEACH
11,915,512,092
11,322,000,000
-5.0%
1,297,000,000
12,619,000,000
5.9%
32 MIAMI LAKES
3,636,955,722
3,731,000,000
2.6%
24,000,000
3,755,000,000
3.2%
33 PALMETTO BAY
3,199,561,967
3,294,000,000
3.0%
56,000,000
3,350,000,000
4.7%
34 MIAMI GARDENS
5,346,230,392
5,629,000,000
5.3%
64,000,000
5,693,000,000
6.5%
35 DORAL
14,321,984,524
14,377,000,000
0.4%
280,000,000
14,657,000,000
2.3%
36 CUTLER BAY
2,767,525,299
2,893,000,000
4.5%
10,000,000
2,903,000,000
4.9%
COUNTY -WIDE
324,362,997,164
330,647,000,000
1.9%
5,265,000,000
335,912,000,000
3.6%
FIRE AND RESCUE
181,615,345,145
185,633,000,000
2.2%
3,015,000,000
188,648,000,000
3.9%
LIBRARY
291,615,522,001
300,471,000,000
3.0%
4,986,000,000
305,457,000,000
4.7%
SCHOOL BOARD
353,183,445,068
353,927,000,000
0.2%
5,267,000,000
359,194,000,000
1.7%
S FL WATER MNGT DIST
326,562,502,890
332,830,000,000
1.9%
5,267,000,000
338,097,000,000
3.5%
FL INLAND NAV DIST
326,562,502,890
332,830,000,000
1.9%
5,267,000,000
338,097,000,000
3.5%
THE CHILDREN'S TRUST
326,562,502,890
332,830,000,000
1.9%
5,267,000,000
338,097,000,000
3.5%