HomeMy WebLinkAboutDocumentation_Regular_Tab 13_7/11/2024 Agenda Item #13.
Regular Council
STAFF MEMO
Meeting: Regular Council - Jul 11 2024
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 2024-25 at a rate of 6.4595 per $1,000 of Assessed Value and setting the Budget Public
Hearings as Follows: September 5, 2024 - 5:30 p.m. - Approve Proposed Budget; and September 12,
2024 - 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 6.4595.
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BUDGET • - •
BUDGET AMOUNT N/A AMOUNT AVAILABLE N/A EXPENDITURE AMOUNT: N/A
FUNDING SOURCES: N/A IS THIS A PIGGYBACK:
❑ Yes 0 N/A
DID YOU OBTAIN 3 QUOTES?
❑ Yes 0 N/A
COMMENTS/EXPLANATION ON SELECTIONVillage Council Approval Requested.
POTENTIAL MOTION - • e
Consider setting the maximum Millage of 6.4595 and set the dates for the Budget Hearings on
September 5, 2024 at 5:30 p.m. and September 12, 2024 at 5:30 p.m.
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