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City Council sets maximum millage unchanged amid budget talks; staff outlines revenue and expenditure changes
Summary
The council set a proposed maximum millage rate of 4.1893 (same as FY2025) while budget staff presented a proposed $68.8 million general fund budget and updated revenue and expenditure assumptions; the vote was 4-1.
Palm Coast council members on Tuesday approved a resolution establishing the proposed maximum millage rate for FY 2025‑26 at 4.1893, the same rate used in the prior fiscal year, while staff presented a detailed general fund budget overview that projects $68.8 million in general fund expenditures.
Budget staff summarized revenue assumptions, including a roughly 10% increase in taxable values and ad valorem revenue estimated at about $44 million at the proposed rate. Staff said the proposed budget…
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