LimeBike Memorandum of Understanding

MIAMI SHORES VILLAGE BUDGET HEARING – FISCAL YEAR 2011-2012

The Miami Shores Village Council held the first of two Public Hearings on the proposed Fiscal Year 2011-2012 Operating Budget on Tuesday, September 6, 2011.  The Meeting was held in the Council Chambers of Village Hall and was called to order at 6:30 PM with the following members present:

 

PRESENT:

 

 

 

Jim McCoy                 

Hunt Davis

Al Davis

Steve Loffredo

Jesse Walters    

ALSO PRESENT:

Tom Benton, Village Manager

Barbara Estep, Village Clerk

Richard Sarafan, Village Attorney

 

 

1)                  PRESENTATION AND DISCUSSION OF THE PROPOSED BUDGET AND PROPOSED MILLAGE RATE (8.0000 AND 0.7855) FOR OPERATING AND DEBT SERVICE RESPECTIVELY.

 

Mr. Benton stated the purpose of the Hearing, indicating that he and the Council had reviewed the proposed budget with the various Department Heads during the budget workshop held July 12, 2011.  Mr. Benton advised that the Administration had presented a balanced budget with a proposed tax rate of 8.0000 mils.   

 

2)                  A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES VILLAGE, FLORIDA, ESTABLISHING TENTATIVE AD VALOREM TAX LEVIES FOR GENERAL FUND AND OTHER FUNDS OF THE VILLAGE FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2011; PROVIDING FOR AN EFFECTIVE DATE.

 

3)                  A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES VILLAGE, FLORIDA, TENTATIVELY ADOPTING THE FISCAL YEAR 2011-2012  BUDGETS, SETTING THE TIME, DATE AND PLACE OF THE SECOND OF TWO PUBLIC HEARINGS TO DISCUSS THE AD VALOREM TAX LEVIES AND CORRESPONDING BUDGETS; AND PROVIDING FOR AN EFFECTIVE DATE.

 

Ms. Estep read the two resolutions into the record.  Mayor McCoy opened the floor for the public hearing.    As no one present wished to speak on either resolution, Mayor McCoy closed the public hearing.   Councilman Davis moved to approve the resolution establishing tentative ad valorem tax levies for the Village’s funds.  Vice Mayor Davis seconded the motion.  Councilman Loffredo asked for clarification regarding the increase over the roll-back rate.  Finance Director, Holly Hugdahl, advised that the final property assessment supplied by the County represents an increase over the roll-back rate and must be reported as such.  Mayor McCoy called for the vote which was unanimous in favor of the motion. 

 

Councilman Davis then moved to approve the resolution tentatively adopting the fiscal year 2011-2012 budgets and setting the date and time for the second of two public hearings.  Councilman Walters seconded the motion and the vote was unanimous in favor of the motion.      

 

 

4)                  ADJOURNMENT 

 

The September 6, 2011 Budget Hearing was adjourned at 6:40 PM.