City of South Miami · Community Redevelopment Area · 2025 base · interactive model
Distribution
The remaining share stays with the City & County general funds.
Growth
Property-tax reform (HJR 1)
Assume amendment passes
Raises homestead exemption ($150k 2027 / $250k 2028) and caps non-homestead growth at 5% from 2027. Allapattah is ~94% non-homestead, so the effect is modest.
Custom projects
Project nameValue $Year
Add a new building's taxable value and its delivery year. It joins the increment from that year forward (and grows with the base).
40-yr City of South Miami TIF
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40-yr County TIF
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40-yr Total TIF
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Through 2034 (10 yr)
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Year-by-year projection 95% · HJR 1 on
Year
Taxable value
Increment
City TIF
County TIF
Total TIF
Cumulative
City of South Miami operating millage 3.9500 · Miami-Dade countywide operating 4.5740. Base taxable value $658,487,344 (547 parcels, 2025 certified roll, official FoN boundary). The South Miami CRA captures ~45% of the increment per the County interlocal (City 3.95 + County 4.574 of total millage); the slider lets you test other splits. Increment = taxable value above the frozen base. TIF = increment × millage × participation. A planning tool, not a budget forecast.