Tentative Millage Rates for Truth in Millage (TRIM) Notices and First Public Hearing – Fiscal Year 2024 Budget – No Funding Required
Approved minutesApproved the item per Staff’s recommendation by roll call vote.
3 in the published record, 12 in the recordings
In the record
Published agenda3 items
Published agendas and the dispositions the approved minutes recorded. Twelve years, whether or not a camera was running.
R46ApprovedPublished agenda - Sep 19, 2023Board
P84AdoptedPublished agenda Adoption of Final Millage Rates and Final Budget for Fiscal Year 2024
Approved minutes
Approved to adopt the Resolution adopting the final budget for Fiscal Year 2024 with Commissioner Bradford absent from the vote.
- Sep 5, 2023Board
P54AdoptedPublished agenda Adoption of Tentative Millage Rates and Tentative Budget for Fiscal Year 2024
Approved minutes
Approved to adopt the Resolution adopting the tentative budget for Fiscal Year 2024 with Commissioner Weightman voting nay.
In the room
Transcript12 moments
Machine transcription of 283 recorded meetings — 9% of decided items have one. Speaker names are inferred from voice and can be wrong.
- FY2024 tentative budget and millage rates
Bob Thank you. Chairman, members of the board, the aggregate millage rate as advertised in the trim notice was 9.8305 MILS, which represents a thirteen point sixteen percent increase from the aggregate rolled back rate of eight point six eight seven six MILS. The reason the aggregate millage rate is higher is because the total taxable value increased between last year and this year. Generating additional revenue levied for the same millage rates. Table one in your handout shows the millage rates for the various county levies and a comparison of the recommended millage rates to the rolled back rates and the prior year adopted millage rates. Rather than read this chart into the record, we have provided copies to each Commissioner, Board Records, and members of the audience. Tonight I would like to ask the Commission to adopt a The millage rates and total budget. The millage rates adopted tonight are the maximum allowed by Florida law without mailing each property owner an additional notice. The board can reduce the millage rate tonight through the final hearing on September
- final FY24 budget and millage rates public hearing
Bob Mr. Chair, members of the board, the aggregate millage rate as advertised on the trim notice was 9.8305 MILS, which represents a 13.16% increase from the aggregate rolled back millage rate of 8.6876 MILS. The reason the aggregate millage rate is higher is because the total taxable value increase between last year and this year. Generating additional revenue levied for the same millage rate. Table one in your handout shows the millage rates for the various county levies and a comparison of the recommended millage rates to the rolledback rates. And the prior year adopted millage rates. Rather than read this chart into the record, we have provided copies to each Commissioner, Board Records, and members of the audience. At the first public hearing on the budget, the Board of County Commissioners adopted a budget based upon the millage rates used in the trim notices each property owner received. I'd like to give a brief summary of the general fund and transportation trust fund millages or sorry trust fund budgets, stating the millage rates, the percentage change from the rollback rate, and the region. Reasons for the change. The
- FY2024 tentative budget and millage rates
Several speakers Mariano: In accordance with the Florida Statute 200.065, the first issuance to be discussed is the recommended millage and percentage changes from the rollback rates.
- final FY24 budget and millage rates public hearing
Bob Yes, I'd like to provide a summary of the eight voter-approved debt service millage rates. These millage rates are levied to repay the debt service with the general obligation bonds. To include two tranches each of the jail project, the fire rescue projects, park and rec projects, and the libraries projects. The eight individual millage rates are listed on table one in your handout. Rather than read this chart into the record, we have provided copies to each commissioner, board records, and members of the audience. The total of the eight voter-approved debt service millage rates is 0.2717 MILS. This is a decrease of 0.077. I ask the board to accept public comment and then vote on each debt service millage rate. There is no vote requirement for these millage rates, so simple majority or three votes is all that is needed.
- R46Tentative Millage Rates for Truth in Millage (TRIM) Notices and First Public Hearing – Fiscal Year 2024 Budget – No Funding Required
Bob the general operating millage, the fire MSTU, as well as the general obligation cost millages. Also, we would ask that you set the first public hearing for September 5th at 5:15 in Dade City. And so when we talk about the millages that we're asking, these are the millage. You'll notice that we the rolledback rate, that is the rate that would generate next year the same amount of money that's generated this year. We are not recommending the rolledback rate. The proposed millage you can see there is in that central column, and then the difference from the rolledback rate. So the state requires us to calculate the rollback rate. as well as the difference from the proposed from the rolledback rate. You'll notice the general obligation bond millages don't have a rolled back rate because those are set simply to generate the amount of money that's needed to pay back the bondholders. And so with that I'd be happy to answer any questions you may have and I ask that you would set the millage. Yes.
- FY2024 tentative budget and millage rates
Bob Thank you. The actions you have taken here today has set the tentative aggregate millage rate at 9.8305 MLs, which reflects an increase of 13.16% above the rolled back rate. I will now read the resolution adopting the millage rates by title only. A resolution of the Board of County Commissioners of Pasco County, Florida, adopting the tentative levying of ad norm taxes for Pasco County for fiscal year. twenty twenty four providing for an effective date.
- final FY24 budget and millage rates public hearing
Several speakers Mariano: In accordance with the Florida statute 200.065, the first issue to be discussed discussed is the recommended millage rates and the percentage changes from the rollback rates. Mr. Goring.
- final FY24 budget and millage rates public hearing
Several speakers Weightman: Chair, I make a motion to increase the fire millage rate from one point eight to two point oh.
- FY2024 tentative budget and millage rates
Bob you. I'd now like to provide a summary of the eight voter approved debt service millage rates. These millage rates are levied to repay the debt service for the general obligation bonds to include two tranches each for the jail, the fire rescue projects, the parks and recreation projects, and the library projects. The eight individual millage rates are listed in table one in your handout rather than read this chart into the record. We have provided copies to each commissioner board records and members of the audience. I asked the abode to accept public comment and then to vote on each debt service millage rate independently. There is no vote requirement for these millage rates, so a simple majority or three votes is all that's needed.
- final FY24 budget and millage rates public hearing
Mariano Is there a motion to Were you in a rush? Your last one enjoy this. Trying to return. And this is my favorite one. Is there a motion to adopt a millage rate of 0.0122 MILS for the 2022 A Parks, Recreation, and Natural Resources Code? Second. All in favor say aye. Any opposed? All
- FY2024 tentative budget and millage rates
Mariano Okay. We'll close for comment. Is there a motion to approve approve? To adopt a millage let me get I need to finish. Let me finish. Is there a motion to adopt a millage rate of point zero two nine three mills for the two oh one nine A shale facility bond? A question. I moved.
- final FY24 budget and millage rates public hearing
Several speakers Mariano: All in favor say aye. Aye. Aye. Any opposed? Is there a motion to adopt A millage rate of 0.0109 mills for the 2019 C Parks, Recreation, and Natural Resources Bond.