Allapattah CRA — Tax Increment Projection Tool

The remaining share stays with the City & County general funds.

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.

Add a new building's taxable value and its delivery year. It joins the increment from that year forward (and grows with the base).

City of Miami operating millage 7.3900 · Miami-Dade countywide operating 4.5740. Base taxable value $2,724,068,330 (4,380 parcels, 2025 certified roll). Increment = taxable value above the frozen base. TIF = increment × millage × participation. A planning tool, not a budget forecast.