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On the agenda for Wednesday night’s City Commission meeting is the first public hearing of the budget for fiscal year 2023-2024, which begins October 1. The proposed $332.6 million budget is based on an operating millage rate of 5.4300, the same millage rate adopted in fiscal year 2022-2023.
This millage rate results in $43,851,696 in budgeted property tax revenues, or $8,075,816 per mill. New construction makes up 4.79% of the taxable value of property in the city.
In the proposed budget, there are two, new funded positions in the Public Works department for street sweeping operations.