Title:
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FY 2024/25 First Budget Public Hearing - This is the First Public Hearing to discuss and approve the FY 2024/25 Tentative Millage Rates and Budget and set the date and time for the Second Public Hearing. Countywide (Timothy Jecks, Management & Budget Director)
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Division:
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Management and Budget
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Authorized By:
Timothy Jecks, Management and Budget Director
Contact/Phone Number:
Timothy Jecks/407-665-7181
Background:
The purpose of this Public Hearing is to present the Tentative Milage Rates and Budget for fiscal year 2024-25 and to allow for public comments. This public hearing was advertised through the “Notice of Proposed Property Taxes” mailed to each property owner in August.
Tentative Millage Rates
• Countywide millage of 4.8751 is 6.90% above the rolled-back rate of 4.5604 mills.
• Fire MSTU millage of 2.7649 is 7.18% above the rolled-back rate of 2.5796 mills.
• Roads MSTU millage of 0.1107 is 7.06% above the rolled-back rate of 0.1034 mills.
• Aggregate millage for all BCC taxing districts of 6.8803 mills is 6.48% above the aggregate rolled-back rate of 6.4616 mills.
Tentative Budget
• Tentative Countywide Budget of $1,095,097,799 for all funds.
• Includes $43,406,449 in First Public Hearing Adjustments.
The First Public Hearing Document with more detail on the tentative millage and budget is posted to the County’s website for public download.
Requested Action:
Staff requests the Board approve the FY2024/25 Tentative Milage Rates and Budget.