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Edgewater council reimposes $50 fire assessment, holds tentative millage at 6.33% for FY2025
Summary
Council approved the annual fire assessment (residential $50) and set the tentative operating millage at 6.33 for FY2025 while adopting a tentative $71.56 million budget; staff said the rate is unchanged and revenue effects reflect property value changes.
Bridget Vassier, the city’s finance director, presented Resolution 2024-R-19 to continue the city’s fire services assessment for fiscal year 2025 and said the residential assessment remains $50 per dwelling unit. Staff projected gross revenue and after estimated exemptions and collection costs showed net revenue in the mid six-hundred-thousand-dollar range.
"The residential fire services assessment is $50 per dwelling unit," Vassier said in the staff report, and recommended continuation of the assessment. Council opened a public hearing and, after brief discussion about how the assessment related to millage calculations, approved the resolution by roll call.
On the tentative operating millage, Vassier explained the proposed rate of 6.33 is the rolled-back rate and that staff recommended holding it to cover rising operating costs including wages, fuel and insurance. "Last year the tax rate was 6.33; the proposed tax rate for this year is 6.33," she said. The council adopted the tentative millage (Mayor DePoe recorded a No vote during roll call) and approved a tentative FY2025 operating and capital budget totaling about $71,562,351, with several position reclassifications and a proposed economic development director included for second reading.
