Item Coversheet
CITY OF ORLANDO
COUNCIL AGENDA ITEM


Items Types: City Council recess and convene NID

For Meeting of: 9/25/2017

District:ALL On file (City Clerk):Yes


Subject:2nd Budget Hearing (5:01 p.m.) – Resolution adopting the Millage Rate and the Resolution adopting the Budget of the City of Orlando for Fiscal Year (FY) 2017/2018
Summary:

Pursuant to Section 200.065, Florida Statutes (F.S.), the City has prepared a budget and computed a millage rate of 6.6500 per $1,000 of assessed property value.  The millage rate 6.6500 is 7.53% higher than the roll-back rate of 6.1844.  Section 200.065, F.S., requires the City to hold a public hearing on the millage rate and budget.  The sequence of events during the public hearing is as follows:

 

1.  Discussion of the millage rate of 6.6500 being higher than the roll-back rate of 6.1844 by 7.53%.

2.  Allow public comments and questions.

3.  Amend the budget and recompute the millage rate, if necessary.

4.  By separate motion and vote, adopt the resolution adopting the millage rate.

5.  By separate motion and vote, adopt the resolution adopting the budget.

Fiscal and Efficiency Data:N/A
Recommended Action: 
Contact:Brian C. Battles

ATTACHMENTS:
File NameDescriptionType
City_Millage_Resolution_2017-2018.pdfCity Millage Resolution 2017-2018Backup Material
City_Budget_Resolution_2017-2018.pdfCity Budget Resolution 2017-2018Backup Material
City_Schedule_A_for_FY17-18.pdfCity Schedule A 2017-2018Backup Material
City_Schedule_B_for_FY17-18_V2.pdfCity Schedule B 2017-2018Backup Material
City_Schedule_C_for_FY17-18_V2.pdfCity Schedule C 2017-2018Backup Material
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