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Belleair Shore commission approves 0.5345 millage rate and adopts FY2025/26 budget
Summary
The Town of Belleair Shore voted July 15 to maintain the millage rate at 0.5345 and approve the FY2025/26 budget. The commission also accepted the FY2024 ACFR and tabled the FY2025 audit-fee decision.
The Town of Belleair Shore commission voted July 15 to keep the property-tax millage rate at 0.5345 and approved the town's FY2025/26 budget during a regularly scheduled meeting at the City of Belleair Bluffs Mayors Conference Room.
Vice Mayor Storie moved to approve the proposed millage rate of 0.5345 and then moved to approve the proposed FY2025/26 budget; both motions were seconded and passed by unanimous voice votes. The commission said the decision followed discussion at a prior budget workshop.
The vote concludes the town's primary annual budget decision for the coming fiscal year; commissioners noted the action keeps the tax rate level with the prior year. Town Clerk Mary Palmer reviewed the June treasurer's report earlier in the meeting and said interest rates had declined slightly since prior months.
Separately, the commission accepted the FY2024 Annual Comprehensive Financial Report (ACFR) after a motion by Commissioner Tolbert, seconded by Vice Mayor Storie, which passed by unanimous voice vote. Two audit-related agenda items'the FY2025 proposed audit fee and preparation of annual financial statements for the auditor'were tabled for a future meeting on motions that also passed by unanimous voice votes.
The commission's action means the town will publish the adopted millage and budget documents consistent with state notice requirements and proceed with budgeting and administrative steps for the new fiscal year.
