City of Coral Gables

File #: 19-9192    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 9/16/2019 In control: City Commission
On agenda: 9/20/2019 Final action: 9/20/2019
Enactment date: 9/20/2019 Enactment #: 2019-31
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.  (Passed on first reading on September 12, 2019)
Attachments: 1. Signed Ordinance O-2019-31, 2. FY20 Cover Letter - Adoption of Tax Levy - 2nd Hearing, 3. FY20 Ordinance for Levy of Taxes - 2nd Hearing

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.  (Passed on first reading on September 12, 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.  The date, time and place of the second public hearing was included in the “Notice of Proposed Tax Increase” advertised on Monday, September 16, 2019 in the main section of the Miami Herald, as well as in the display case in the main entrance of City Hall.