Subject:
Title
Resolutions adopting tentative millage rates and budgets for Fiscal Year 2024 (first public hearing).
label
Recommended Action:
Recommended Action
Following a public hearing, adopt resolutions approving the tentative millage rates and budgets for Fiscal Year (FY) 2024.
• The budget is as proposed on July 18, 2023, and presented in the FY24 Proposed Budget book.
• Two changes to the Proposed Budget are recommended:
o Adding $23.6M in the Opioid Settlement Fund, newly clarified since the budget was proposed.
o Moving $7,693,000.00 in the American Rescue Plan Act funding to Penny projects (reducing Penny accordingly), and in return moving $3,693,000.00 in Penny funding to partially replace the funding as necessary.
Body
Strategic Plan:
Deliver First Class Services to the Public and Our Customers
5.1 Maximize partner relationships and public outreach
5.2 Be responsible stewards of the public’s resources
Summary:
The order of business and content of this first public hearing on the Fiscal Year 2024 (FY24) Budget are mandated by Florida Statutes, specifically Florida Statutes (F.S.) Section 200.065. At this hearing, the Board of County Commissioners (Board) is asked to adopt resolutions that approve tentative millage rates and budgets for the various entities for which the Board is the taxing authority.
Adoption of the attached resolutions provides the FY24 Proposed millage rates within the statutory requirements. Final approval of the millage rates and budgets will occur at the final public hearing on September 19, 2023, which must be noticed by prescribed advertisements in a newspaper of general circulation in the community.
Background Information:
On July 18, 2023, the County Administrator delivered the FY24 Proposed (Tentative) Budget to the Board. The maximum ad valorem millage rates were then certified to the Property Appraiser on August 2, 2023, for inclusion in the Truth in Millage (TRIM) Notices. The TRIM notice sets the tentative millage rates, which are the maximum millage rates. These notices, which were mailed to all county property taxpayers on August 21, 2023, also contained the notice of the time and place of this public hearing.
Subsequent to the presentation of the FY24 Proposed budgets by the County Budget Officer in accordance with F.S. Section 129.03, revisions were made to the tentative budgets to reflect decisions by the Board, updated information, and technical corrections. A summary of these revisions was distributed to the Board along with revised tentative budget pages. The Summary of Changes to the FY24 Proposed Budget is attached and the changes have been incorporated in the tentative budget resolutions.
Fiscal Impact:
Tentative approval of the FY24 millage rates and budgets for Countywide, Municipal Services Taxing Units, and other taxing districts is required to comply with Florida Statutes.
Staff Member Responsible:
Chris Rose, Director, Office of Management and Budget
Partners:
N/A
Attachments:
Summary of Changes to FY24 Proposed Budget
Resolutions Adopting FY24 Tentative Millages and Budgets