Legislation Details

File #: 24-0163    Version: 1 Name:
Type: Discussion Items Status: General Agenda
File created: 8/19/2024 In control: Finance Board
On agenda: 8/28/2024 Final action: 8/28/2024
Title: Maximum Millage Levy FY2024-25 Summary: Each year, as part of the Truth-in-Millage (TRIM) process, the Town of Belleair is required to set a maximum millage levy in the month of July. On July 9, 2024, the Town Commission voted to set the maximum millage preliminary rate at 6.9777. This potential increase would result in an estimated additional $596,000 in revenue (collections estimated at 96.75%).
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Summary

 

To: Finance Board

 

From: Amy Lockhart, Interim Finance Director

 

Date: 8/19/2024

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Subject:

Title

Maximum Millage Levy FY2024-25

 

Summary:

Each year, as part of the Truth-in-Millage (TRIM) process, the Town of Belleair is required to set a maximum millage levy in the month of July.

 

On July 9, 2024, the Town Commission voted to set the maximum millage preliminary rate at 6.9777.  This potential increase would result in an estimated additional $596,000 in revenue (collections estimated at 96.75%).

 

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