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City commission approves not-to-exceed millage rate, sets first budget hearing for Sept. 8
Summary
Commission President Christina Lambert said the commission approved a resolution on July 17 to set maximum millage rates and schedule the first public hearing on the proposed fiscal 2025–26 budget.
Commission President Christina Lambert said the commission approved a resolution on July 17 to set maximum millage rates and schedule the first public hearing on the proposed fiscal 2025–26 budget.
Bridget Souffrant, the city’s chief financial officer, told the commission that "Resolution 172-25 authorizes the mayor to sign the Department of Revenue forms certifying the city's operating not to exceed millage rate of 8.1308, which is 5.39% more than the rolled back rate of 7.7152." She said the resolution also "sets our debt service millage rate at 0.058 for fiscal year…
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