R7B - Adopt Fy2027 Millage Rates

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING: 1) THE TENTATIVE AD VALOREM MILLAGE OF 5.8060 MILLS FOR FISCAL YEAR 2027 FOR GENERAL OPERATING PURPOSES, WHICH IS FOUR AND ONE TENTH PERCENT (4.1%) MORE THAN THE "ROLLED-BACK" RATE OF 5.5762 MILLS; AND 2) THE DEBT SERVICE MILLAGE RATE OF 0.2693 MILLS, SUBJECT TO A SECOND PUBLIC HEARING TO CONSIDER THE MILLAGE RATE FOR FISCAL YEAR 2027 ON WEDNESDAY, SEPTEMBER 23, 2026, AT 5:01 P.M.