City of Coral Gables
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File #: 19-9110    Version: 1 Name:
Type: Ordinance Status: Second Reading
File created: 8/23/2019 In control: City Commission
On agenda: 9/12/2019 Final action:
Enactment date: Enactment #:
Title: An Ordinance providing for the levy of taxes for the Fiscal Year beginning October 1, 2019 and ending September 30, 2020; fixing the rate of such levy; providing for the segregation and the application of the proceeds of such levy; providing for the separability of the provisions hereof; and providing that this Ordinance shall become effective October 1, 2019.
Attachments: 1. FY20 Cover Letter - Adoption of Tax Levy - 1st Hearing, 2. FY20 Ordinance for Levy of Taxes - 1st Hearing, 3. FY20 Resolution setting Tentative Tax Year 2019 Millage Rate - Signed

Title

An Ordinance providing for the levy of taxes for the Fiscal Year beginning October 1, 2019 and ending September 30, 2020; fixing the rate of such levy; providing for the segregation and the application of the proceeds of such levy; providing for the separability of the provisions hereof; and providing that this Ordinance shall become effective October 1, 2019.

Body

At a budget workshop on July 9, 2019, the City Commission adopted a tentative millage rate for Fiscal Year 2019-2020 of 5.559; unchanged from the 5.559 rate adopted for Fiscal Year 2018-2019.  The tentative millage rate of 5.559 was used by the Miami-Dade County Property Appraiser to prepare the 2019 Notice of Proposed Property Taxes that was sent to the Coral Gables property owners as a notification of their potential property taxes, as well as the date, time and place of the first public hearing to discuss the Fiscal Year 2019-2020 Annual Budget.