COUNCIL AGENDA ITEM
SUBJECT:
title
Maximum Millage - Edgewater I & S 2016 Fiscal Year 2025-2026
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 Edgewater I&S 2016 (GO for Parks) millage rate is $0.1267 per $1,000 assessed value. For Fiscal Year 2026 the millage rate levy should be $0.1129 per $1,000 assessed value based on the sale of the Limited General Obligation Note Payable of 2017. The revenues for the Fiscal Year 2026 would be budgeted in the amount of $238,397.
BUDGETED ITEM: ☐ Yes ☐ No ☒ Not Applicable
BUDGET AMENDMENT REQUIRED: ☐ Yes ☐ No ☒ Not Applicable
RECOMMENDED ACTION:
Council to Authorize the Edgewater I & S 2016 Maximum Millage to be advertised as part of the 2025 TRIM Notice