SUBJECT/RECOMMENDATION:
Title
Final Public Budget Hearing and adoption of Resolution 23-04
Body
SUMMARY:
In accordance with Chapter 200 of the Florida Statutes, which defines requirements for the “Determination of Millage” and the rules governing “Truth In Millage” (TRIM) compliance, the Downtown Development Board (DDB), must hold two public hearings to adopt a final millage rate for the new fiscal year.
The DDB approved a preliminary budget at the August 2, 2023 meeting which outlined the proposed estimates of revenues and expenditures for the 2023/2024 fiscal year.
Resolution 23-04 was approved at First Public meeting on September 5, 2023