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HomeMy WebLinkAboutDocumentation_Regular_Tab 20_7/13/2023Agenda Item #20. Regular Council STAFF MEMO Meeting: Regular Council - Jul 13 2023 Staff Contact: Jeremy Allen, Village Manager Department: Manager Approve Setting the Proposed Maximum Ad Valorem Millage Rate for the Village of Tequesta for Fiscal Year 2023-24 at a rate of 6.2900 per $1,000 of Assessed Value and setting the Budget Public Hearings as Follows: September 14, 2023 - 5:30 p.m. - Approve Proposed Budget; and September 21, 2023 - 5;30 p.m.- Adopt Final Budget. The maximum tax rate is established at this meeting. This is the rate that the Village Council cannot exceed. The Village Council can reduce this Millage Rate, if desired. Staff recommends setting the maximum rate at 6.2900. This document and any attachments may be reproduced upon request in an alternative format by completing our Accessibility Feedback Form, sending an e-mail to the Village Clerk or calling 561-768- 0443. BUDGET AMOUNT N/A FUNDING SOURCES: N/A DID YOU OBTAIN 3 QUOTES? ❑ Yes 0 N/A AMOUNT AVAILABLE N/A EXPENDITURE AMOUNT: N/A IS THIS A PIGGYBACK: ❑ Yes 0 N/A COMMENTS/EXPLANATION ON SELECTIONVillage Council Approval Requested. Consider setting the maximum Millage of 6.2900 and set the dates for the Budget Hearings on September 14, 2023 at 5:30 p.m. and September 21, 2023 at 5:30 p.m. Page 529 of 537