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Neptune Beach sets tentative millage at 3.3656; council votes to keep rate unchanged
Summary
Neptune Beach City Council voted to keep the tentative millage rate at 3.3656 on July 1, a move estimated to add $396,000 in revenue and bring total projected revenue to about $4.6 million; councilors said the final budget will be adopted in September.
Neptune Beach City Council on July 1 voted to set the city’s tentative millage rate at 3.3656, keeping the rate unchanged from the prior year. City finance staff said the unchanged rate is expected to generate an additional $396,000 and bring total budgeted revenue to about $4,600,000.
Michael from the city’s finance office told the council, "we are keeping the millage rate the same at 3.3656," and confirmed the…
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