Daytona Beach presents roughly $380 million proposed budget; millage rate held at 5.93 mills

At a city commission workshop, City Manager Derek Vietcher and staff presented a proposed citywide budget of roughly $379 million to $380 million and said the millage rate would remain at 5.93 mills for the coming fiscal year. The commission held the first public hearing on the budget tonight; staff said a second public hearing and final adoption are scheduled for Sept. 17.

The budget presentation covered revenues, personnel costs, capital projects and a summary of key figures. “The budget is, presented is based on 5.93 mills. It's the same from last year,” City Manager Derek Vietcher told commissioners during the overview. Staff cited a proposed general fund budget of about $159 million to $160 million and citywide taxable values of $10,446,633,026, including $549,332,990 in new-construction value.

Why it matters: the proposed budget funds core services — notably public safety, public works and personnel costs — and sets the property tax rate taxpayers will see on the roll if the commission adopts the millage. Staff also warned that potential changes being discussed at the state capitol could affect future property-tax revenue.

Key numbers and drivers - Proposed millage: 5.93 mills (no change from current year). Staff noted a 12-year…