5.A) A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES VILLAGE, FLORIDA, ADOPTING THE TENTATIVE MILLAGE RATE OF 7.8 MILLS FOR FISCAL YEAR 2024/2025, THE CALCULATED “ROLLED-BACK” RATE IS 6.9761 MILLS, OR 11.81% HIGHER THAN THE “ROLLED-BACK” RATE FOR FISCAL YEAR 2024/2025; ESTABLISHING THE DEBT SERVICE MILLAGE RATE AT 0.1459 MILLS, REAFFIRMING THE SECOND PUBLIC BUDGET TO SET THE FINAL MILLAGE RATE ON SEPTEMBER 17, 2024, AT 6:00 P.M.; AND PROVIDING FOR AN EFFECTIVE DATE (STAFF: FINANCE DIRECTOR). - Miami Shores Village

Meeting: First Budget Hearing

Meeting Time: September 03, 2024 at 6:00pm EDT

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Agenda Item

5.A) A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES VILLAGE, FLORIDA, ADOPTING THE TENTATIVE MILLAGE RATE OF 7.8 MILLS FOR FISCAL YEAR 2024/2025, THE CALCULATED “ROLLED-BACK” RATE IS 6.9761 MILLS, OR 11.81% HIGHER THAN THE “ROLLED-BACK” RATE FOR FISCAL YEAR 2024/2025; ESTABLISHING THE DEBT SERVICE MILLAGE RATE AT 0.1459 MILLS, REAFFIRMING THE SECOND PUBLIC BUDGET TO SET THE FINAL MILLAGE RATE ON SEPTEMBER 17, 2024, AT 6:00 P.M.; AND PROVIDING FOR AN EFFECTIVE DATE (STAFF: FINANCE DIRECTOR).