Title:
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FY 2024/25 Second Budget Public Hearing - This is the Second Public Hearing to discuss and approve the FY 2024/25 Final Millage Rates and Budget. 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 Final Milage Rates and Budget for fiscal year 2024-25 and to allow for public comments. This public hearing was advertised in the Orlando Sentinel on Thursday, September 19, 2024.
Final 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.
Final Budget
• Final Countywide Budget of $1,099,097,799 for all funds.
• Includes $4,000,000 in Second Public Hearing Adjustments.
The Second Public Hearing Document with more detail on the final millage and budget is posted to the County’s website for public download.
Requested Action:
Staff requests the Board approve the FY2024/25 Final Milage Rates and Budget.