SUBJECT/RECOMMENDATION:
Title
Final Public Budget hearing and adoption of Resolution 20-04
Body
SUMMARY:
In accordance with Chapter 20 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 of 20/21. The adoption of this resolution is to adopt the budget.
The DDB approved the budget and resolution on first reading on the September 9, 2020