Lighthouse Point commissioners give tentative approval to higher millage; second hearing set for Sept. 18
City staff proposed a 4.1329 operating millage for FY2024–25 to fund operations and capital projects; commissioners gave tentative approval and set a second public hearing on Sept. 18 after brief questions about assessed versus taxable values.
The full story
City Administrator Corey presented the first of two public hearings on the city's tentative millage rates for the fiscal year beginning Oct. 1, 2024, recommending an operating millage of 4.1329 to support general operations and capital needs. He told the commission that assessed property values rose about 10.5%, and that the proposed rate would increase projected ad valorem revenue by roughly $2.2 million.
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