The Town of Miami Lakes will hold a special call meeting on Monday, July 31 to discuss the millage rate.
The council had set the tentative rate on July 11 for the town portion of property owners’ tax bill at 2.0732, or $2.07 per $1,000 of assessed property.
That was the rollback rate.
It is believed to be the lowest millage rate in town history.
Town Budget Officer Melissa Hernandez said estimated collected taxes under the rollback rate would be $8,893,153, less than the $9,842,390 budgeted for police services in fiscal year 2022-2023.
Though Councilman Tony Fernandez had voted for the rollback rate, he has since requested the meeting which is set for 6 p.m. at Miami Lakes Town Hall.
“Based on new information regarding revenue projections for secondary revenue sources for the next fiscal year falling short of what was originally anticipated, and not having received estimates on others that are still outstanding, I would like to avert the possibility of finding ourselves in a position of needing to cut essential services such as our police budget in order to balance the budget,” Fernandez wrote in a memo calling for the meeting.
He said he wanted to submit a millage rate of 2.2664, which is the same as last year and is what Town Manager Edward Pidermann had proposed. The flat rate could still mean a town tax increase for those whose property values rose.
The 2.2664 rate was expected to generate $9,721,899 in ad valorem revenues, Pidermann said.
The final rate must be sent to Miami-Dade County by Aug. 4.