At the Public Hearing, the Mayor will announce the formal procedures, which must be followed in order to maintain compliance with Florida's laws and rules.
Millage Rate: The proposed millage rate ended up below the final rollback rate. Therefore, this process is simplified, as the rules are in place to guarantee compliance when the effective tax rate increases. It is still recommended that the City follow the proper procedures to remain in good standing with the Florida Department of Revenue and their property tax oversight role.
Proposed Operating Budget & Capital Improvement Program: Hardcopies of the City's Proposed Operating Budget and Capital Improvement Program for FY2023-2024 have been made available in the public library and on the City’s website. Copies have also been distributed to City Council.
On September 19, 2023, City Council conducted the first public hearing on the proposed FY23-24 Budget. At that time, City Council adopted resolutions that established a tentative millage rate of 8.4000 mills and a tentative Operating Budget. The purpose of tonight's public hearing is to adopt a final millage rate and final Operating Budget for FY2023-2024.