File #: 24-0114    Version: 1 Name:
Type: Presentation Status: General Agenda
File created: 7/4/2024 In control: Finance Board
On agenda: 8/5/2024 Final action: 8/5/2024
Title: Maximum Millage Preliminary approved at the July 9, Town Commission Meeting Summary: 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 additional $596,000 in General Fund revenue (collections estimated at 96.75%).
Attachments: 1. MMP 7-9-24 FINAL
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Summary

 

To: Finance Advisory Board

From: Amy Lockhart, Interim Finance Director

Date: 7/23/2024

______________________________________________________________________

Subject:

Title

Maximum Millage Preliminary approved at the July 9, Town Commission Meeting

 

Summary:

 

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 additional $596,000 in General Fund revenue (collections estimated at 96.75%).

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Expenditure Challenges:  N/A

 

Recommendation:  N/A

Proposed Motion:  N/A