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Daytona Beach DDA tentatively adopts 1-mill rate and $392,271 budget
Summary
The Daytona Beach Downtown Development Authority unanimously approved a tentative millage rate of 1 per $1,000 of assessed value and a $392,271 budget for fiscal year Oct. 1, 2025–Sept. 30, 2026; the budget includes a $147,291 payment to the downtown CRA and $144,000 for marketing and events.
The Daytona Beach Downtown Development Authority at its meeting adopted a tentative millage rate of 1 per $1,000 of assessed value and approved a $392,271 budget for the fiscal year beginning Oct. 1, 2025, and ending Sept. 30, 2026, board members voted 4-0.
The action matters because the budget funds the authority’s core downtown activities, including a $147,291 payment to the downtown CRA returned by agreement…
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