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Ocoee approves FY2025 budget amendment, allocates $4.5 million for Forest Lake lease
Summary
City Commission approved a FY2025 budget amendment that reallocates existing funds, covers higher health-insurance costs and sets an interfund loan of $4.5 million to implement the Forest Lake lease’s Seventh Amendment. The measure does not raise taxes.
The Ocoee City Commission on a unanimous vote approved an ordinance amending the fiscal year 2025 budget that reallocates existing reserves and authorizes a $4.5 million interfund loan to implement the Seventh Amendment to the Forest Lake lease agreement.
Chief Accountant Aileen Mirena told the commission the amendment includes multiple targeted changes: a $42,000 revenue increase and $27,000 expense increase in the recreation program fund for the baseball league; $80,902 for police contractual and legal services; $1,254,895 across funds for higher employer…
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