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CUTLERBAY (MIAMI-DADE COUNTY) · LOCALlocal legislationPassed
Passed

Cutler Bay Final Property Tax Rate for 2015-2016

Original title: A RESOLUTION OF THE MAYOR AND TOWN COUNCIL OF THE TOWN OF CUTLER BAY, FLORIDA, ADOPTING THE FINAL MILLAGE RATE OF THE TOWN OF CUTLER BAY FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2015 THROUGH SEPTEMBER 30, 2016 PURSUANT TO FLORIDA STATUTE 200.065 (TRIM BILL); PROVIDING FOR AN EFFECTIVE DATE.

Record date · September 24, 2015

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What This Bill Does

The Town of Cutler Bay Town Council passed a resolution to set the final property tax rate () for the fiscal year running from October 1, 2015, through September 30, 2016. This action complies with Florida's TRIM (Truth in Millage) Act requirements.

Why it matters

This resolution establishes the final property tax rate that determines the amount of tax revenue the town will collect from property owners for the 2015-2016 fiscal year.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Cutler Bay property owners

Property owners are subject to the final millage rate set by this resolution when calculating their annual property tax bills.

Directly affected

Town of Cutler Bay government

The town government is authorized to collect tax revenue based on the adopted millage rate for the specified fiscal year.

Key Facts

  • The Town of Cutler Bay adopted a final millage rate for the fiscal year 2015-2016.
  • The fiscal year covered by this resolution begins October 1, 2015, and ends September 30, 2016.
  • The resolution was introduced and passed on September 17, 2015.
  • The action was taken in accordance with Florida Statute 200.065, also known as the TRIM Bill.

Frequently Asked Questions

What is a millage rate?
A is the tax rate used to calculate property taxes; one mill is equal to $1 of tax for every $1,000 of assessed property value.
What is the TRIM Bill?
TRIM stands for 'Truth in Millage,' a Florida law that requires local governments to follow specific procedures and provide notice to taxpayers when setting property tax rates.

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Discoveries

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Annual Budgetary Compliance

The document confirms the town's adherence to the state-mandated TRIM process for the 2015-2016 fiscal cycle.

Town of Cutler Bay

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100
  • Significance60
    How much this matters to a regular citizen
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
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