Title
RESOLUTION NO. 21-23. ADOPTING A FINAL MILLAGE RATE FOR THE CITY'S PROPOSED BUDGET FOR FISCAL YEAR 2021-2022
SECOND PUBLIC HEARING, SECOND AND FINAL READING
(Speaker - Dan Katsiyiannis, Management and Budget Administrator)
Body
NOTE: The City is required under F.S. 200.065 to adopt a final millage rate for the City's proposed budget for fiscal year 2021-2022. The proposed rate of 5.4900 represents an increase of $947,235 or a 4.95% increase. The roll-back rate is the calculated rate that would have provided the City with the same amount of ad valorem tax revenue as the previous year.
P1 on 9/16/21 Council agenda.
Recommendation
ACTION: (Adopt - Deny) Resolution No. 21-23. Second public hearing, second and final reading.