Summary
To: Town Commission
Through: Gay Lancaster, Town Manager
From: Amy Lockhart, Interim Finance Director
Date: 9/17/2024
______________________________________________________________________
Subject:
Title
Adoption of the Fiscal Year 2024-2025 Town Budget
Body
Previous Commission Action: The Town Commission has reviewed the proposed budget during the last three Commission meetings.
Background/Problem Discussion: Annually the Town Commission must approve the Town budget. This year’s budget includes a millage increase of .4777
Financial Implications: The budget is required to be adopted by the Town Commission in order to conduct Town business, as well as maintain compliance with Florida State Statutes.
Recommendation: Staff recommends approval of the Final budget for Fiscal Year 2024-2025.
Proposed Motion: I move approval of Resolution 2024-26 adopting the final budget for Fiscal Year 2024-2025 Budget.