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Palm Coast City Council Votes in New Millage Rate and City Budget

20

Sep

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Palm Coast City Council Votes in New Millage Rate and City Budget

Today, September 20th, 2023, during a special meeting, the Palm Coast City Council had the the second public hearing on the 2023-2024 fiscal budget and millage rate. During the special meeting city staff was present to answer any further questions the council or the public had on the new proposed budget and millage rate. City Council stated they had no further questions, as they had asked all of their questions during the last 6 months of special budget workshops. The City Council voted and passed the new millage rate, a full roll back, unanimously. The City Council also voted to…

Palm Coast City Council Sets Max Millage Rate at Rollback Rate

During Tuesday's morning City Business Meeting, July 18th, 2023, the council set the maximum millage rate to the rollback rate of 4.257 mils. The motion to set the millage rate was passed with a 3-2. The millage rate is the term used to talk about the property tax rate levied by a government, in this case the City of Palm Coast. So for every $1,000 dollars of property value, the property owner would pay $4.257 in taxes for the City of Palm Coast. Because the City set the max millage rate at the rollback rate, the City staff will be…

Palm Coast City Council Approves Millage Rate and Final Budget

Tonight’s meeting went without much of a hitch, and the council was able to review again a brief overview of the 2022-2023 budget and millage rate. Ms. Alves and her associate presented a brief overview of the final budget with one minor adjustment due to rounding issues. The final proposed budget is to be $328,187,636 dollars, a three dollar increase from the last budget meeting at $328,187,633 dollars. The council voted on the State Road 100 Community Redevelopment Agency Budget, and it passed 4-1 with Councilman Danko being the only no vote. The council then proposed the final millage rate…