R7V - Reallocate Resort Tax for Stormwater Infrastruc...
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A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING, BEGINNING IN FISCAL YEAR 2027, THE ALLOCATIONS OF THE 1% RESORT TAX QUALITY OF LIFE PROCEEDS TO MAINTAIN EXISTING FUNDING LEVELS (EXPRESSED AS A PERCENTAGE) OF AMOUNTS DESIGNATED FOR (A) ARTS AND CULTURE ORGANIZATIONS BASED IN THE CITY OF MIAMI BEACH (CULTURAL ANCHORS) AND (B) ARTS AND CULTURE ORGANIZATIONS WHOSE PROGRAMMING IS PRIMARILY FOCUSED ON THE CITY’S YOUTH, AND REALLOCATE THE REMAINING FUNDS CURRENTLY DESIGNATED FOR ARTS AND CULTURE PROGRAMS (EXPRESSED AS A PERCENTAGE) TOWARD CAPITAL PROJECTS THAT ENHANCE STORMWATER INFRASTRUCTURE IN TOURIST AREAS OF THE CITY MOST AFFECTED BY FLOODING DURING KING TIDES AND MAJOR RAIN EVENTS; AND FURTHER, DIRECTING THE ADMINISTRATION TO INCORPORATE THE NEW ALLOCATIONS WHEN PREPARING THE FISCAL YEAR 2027 BUDGET.
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Cached: 1 minute agoResolutions - R7 V
R7 V A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING, BEGINNING IN FISCAL YEAR 2027, THE ALLOCATIONS OF THE 1% RESORT TAX QUALITY OF LIFE PROCEEDS TO MAINTAIN EXISTING FUNDING LEVELS (EXPRESSED AS A PERCENTAGE) OF AMOUNTS DESIGNATED FOR (A) ARTS AND CULTURE ORGANIZATIONS BASED IN THE CITY OF MIAMI BEACH (CULTURAL ANCHORS) AND (B) ARTS AND CULTURE ORGANIZATIONS WHOSE PROGRAMMING IS PRIMARILY FOCUSED ON THE CITY’S YOUTH, AND REALLOCATE THE REMAINING FUNDS CURRENTLY DESIGNATED FOR ARTS AND CULTURE PROGRAMS (EXPRESSED AS A PERCENTAGE) TOWARD CAPITAL PROJECTS THAT ENHANCE STORMWATER INFRASTRUCTURE IN TOURIST AREAS OF THE CITY MOST AFFECTED BY FLOODING DURING KING TIDES AND MAJOR RAIN EVENTS; AND FURTHER, DIRECTING THE ADMINISTRATION TO INCORPORATE THE NEW ALLOCATIONS WHEN PREPARING THE FISCAL YEAR 2027 BUDGET. Applicable Area:
COMMISSION MEMORANDUM
RECOMMENDATION
BACKGROUND/HISTORY
ANALYSIS
The attached Resolution was prepared at the request of the sponsor, Commissioner David Suarez.
FISCAL IMPACT STATEMENT
N/A
Does this Ordinance require a Business Impact Estimate? (FOR ORDINANCES ONLY)
If applicable, the Business Impact Estimate (BIE) was published on: See BIE at: https://www.miamibeachfl.gov/city-hall/city-clerk/meeting-notices/
FINANCIAL INFORMATION
CONCLUSION
Applicable Area
Citywide
Is this a “Residents Right to Know” item, pursuant to City Code Section 2-17?
Is this item related to a G.O. Bond Project?
No
No
Was this Agenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481, includes a principal engaged in lobbying? No
If so, specify the name of lobbyist(s) and principal(s):
Department
City Attorney
Sponsor(s)
Commissioner David Suarez
Co-sponsor(s)
Condensed Title
Amend 1% Resort Tax Allocations. (Suarez) CA