In a recent government meeting, city officials discussed the proposed millage rate and the fiscal year 2025 budget, highlighting significant financial decisions that will impact local residents and businesses. The city has proposed a millage rate of 7.1172 mills, which represents a 6.76% increase over the rollback rate of 6.663 mills. This increase is deemed necessary to generate the ad valorem tax revenues required to fund the general fund budget.

According to Florida statutes, the governing body must adopt the proposed millage rate before finalizing the tentative budget. The mayor emphasized the importance of this announcement, which is a legal requirement prior to the adoption of the millage rate. Following the mayor's remarks, the city manager outlined the budget's objectives, stating that it is a comprehensive document designed to ensure a balanced budget while providing essential services to the community.

The proposed budget for fiscal year 2025 totals $400.4 million, reflecting an increase of $19.3 million from the previous year. This budget aims to support the city's growth, enhance community services, improve infrastructure, and foster economic development. City officials are committed to converting community values into tangible investments and actionable goals, ensuring a sustainable future for the city.