Miami’s budget highlights a lower property tax rate

Written by Miami Today on July 7, 2017

City of Miami Mayor Tomás Regalado announced Friday the release of the fiscal year 2017-18 Proposed Operating and Capital Budget.

Highlights, he said, include a drop in the millage rate for property owners, more investments in capital projects, dividing the Planning and Zoning Department into two stand-alone departments, and creation of a Department of Veterans Affairs and Homeless Services.

The Office of Management and Budget will hold community budget meetings around the city. Participants are invited to ask questions and learn about the proposed budget for the city’s next fiscal year.

Dates and locations are: 6:30 p.m. July 17 at Juan Pablo Duarte Park, 2800 NW 17th Ave.; 6:30 p.m. July 18 at Elizabeth Virrick Park, 3255 Plaza St.; 6:30 p.m. July 20 at the 12th Avenue Community Center, 1300 SW 12th Ave.; 6:30 p.m. July 25 at Charles Hadley Park, 1300 NW 50th St.

The proposed operating and capital budgets are available online at the city’s website at: www.miamigov.com/budget.