NW 7th Avenue CRA — Tax Increment Projection Tool

Miami-Dade County · NW 7th Avenue Corridor CRA (incl. expansions) · 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 Countywide TIF
40-yr County TIF
40-yr Total TIF
Through 2034 (10 yr)

Year-by-year projection 95% · HJR 1 on

YearTaxable valueIncrementCity TIFCounty TIFTotal TIFCumulative
Countywide (BCC operating) operating millage 4.5740 · UMSA (unincorporated operating) operating 1.9090. Base taxable value $456,802,733 (894 parcels, 2025 certified roll; established corridor + 2025 expansion). The CRA receives Countywide (4.574) + UMSA (1.909) operating millage at 95% participation. Current sunset 2034; statutory maximum 2044. Increment = taxable value above the frozen base. TIF = increment × millage × participation. A planning tool, not a budget forecast.