September 2, 2019
We hope that this post finds you and your loved ones safe from Hurricane Dorian. Assuming that all is well on Thursday and nothing changes, the next City Council Meeting will be on Thursday, September 5th at 7pm in City Hall.
Presentations include:
Consent Agenda includes:
Public Hearings and Resolutions – New Business/First Readings includes:
BACKGROUND: This is the first of two required public hearings to set the millage and adopt the budget for Fiscal Year 2019/2020. On July 11 , 2019, Council approved Resolution 39, 2019, setting the maximum tentative operating millage rate for FY 2019/2020 at 5.55 mills. The proposed operating millage of 5.55 is 4.19% above the roll-back rate of 5.3268. The total operating millage rate proposed for Fiscal Year 2019/2020 is 5.55 mills, which is less than the current year rate of 5.6003 mills.
Total sources for all funds is $175,554,209, consisting of total estimated balances carried forward of $47,981,051 and projected total revenues of $127,573,158. Total sources of funds are balanced with projected total expenditures of $128,858,551 and ending reserves of $46,695,658, for a total use of funds of $175,554,209.
The second and final public hearing on the budget is scheduled for September 19, 2019. For more details see the 2019/2020 Proposed Budget page.
Check the agenda to see if any additional items have been added before the meeting here.