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Lake Wales staff recommends 2025 interim millage of 8.0462; budget workshops set for September
Summary
City finance staff recommended an interim millage rate of 8.0462 — above the rollback rate of 6.6772 — and proposed budget adoption hearing dates of Sept. 3 and Sept. 16. Commissioners discussed rollback mechanics and budget pressures; no formal vote was taken at the work session and the item will appear on the next commission agenda.
Dorothy Abbot, director of finance for the City of Lake Wales, told the commission at a May work session that staff is asking for three preliminary actions: certification of the property appraiser's taxable values, setting an interim millage rate and setting the budget adoption hearing dates. "So what staff is recommending is 8.0462," Abbot said.
The staff memo noted the statutory rollback rate for 2025 would be 6.6772; that rate represents the millage that…
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