COUNCIL AGENDA ITEM
SUBJECT:
title
Maximum Millage - Edgewater I & S 2005 Fiscal Year 2024-2025
body
DEPARTMENT:
Finance
SUMMARY:
In conjunction with the Notice of Proposed Property Taxes (TRIM Notice) pursuant to section 200.069, F.S., the Council must authorize advertisement of the maximum millage rate for the upcoming budget year. The current 2005 Edgewater I&S (Animal Shelter) millage rate is $0.0238 per $1,000 assessed value. For Fiscal Year 2025 the millage rate levy should be $0.0200 per $1,000 assessed value based on the sale of the Limited General Obligation Note Payable of 2005. The revenues for the Fiscal Year 2025 would be budgeted in the amount of $37,633.
BUDGETED ITEM: ☐ Yes ☐ No ☒ Not Applicable
BUDGET AMENDMENT REQUIRED: ☐ Yes ☐ No ☒ Not Applicable
RECOMMENDED ACTION:
Council to Authorize the Edgewater I & S 2005 Maximum Millage to be advertised as part of the 2024 TRIM Notice