1 / 12

Fiscal Year 2014 Maximum Millage Rate City Council Presentation Tuesday, July 16 th 2013

Fiscal Year 2014 Maximum Millage Rate City Council Presentation Tuesday, July 16 th 2013. Finance Department Christopher M. Quinn , MACC, CPA, CFE, CGFO, CGMA Finance Director. General Fund Totals. Revenues are tracking ahead of budget for FY 13. 2014 Maximum Millage Rate.

kelton
Download Presentation

Fiscal Year 2014 Maximum Millage Rate City Council Presentation Tuesday, July 16 th 2013

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Fiscal Year 2014 Maximum Millage Rate City Council Presentation Tuesday, July 16th 2013 Finance Department Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director

  2. General Fund Totals Revenues are tracking ahead of budget for FY 13

  3. 2014 Maximum Millage Rate

  4. Millage Rate History 2014 Taxable Value $3,689,298,781 * Percentage Change 2013-2014 1.012%

  5. City Ad Valorem Tax HistoryFY 2008 - 2013

  6. Millage Rate Options

  7. 2013 Millage Rates Survey of Cities between 60K-90K Population 18 Cities with Millage • Lowest Rate 2.0000 Weston • Second Lowest 3.4100 Boca Raton • Third Lowest 4.2958 Palm Coast Source for Population: Office of Economic & Demographic Research Source for Millage Rates: State of Florida, Division of Revenue

  8. 2013 Millage Rates

  9. 2014 Millage Rate Proposal

  10. Tentative Budget Schedule • July 30th • Budget Workshop - Proprietary Funds • August 13th • Budget Workshop - Special Revenue & Capital Funds • August 27th • Final Proposed budget presentation • September 4th & 18th (Wednesdays at 5:05pm) • Public hearings to adopt millage rate resolution • and budget resolution

  11. Questions & Discussion

More Related