Green Cove Springs, Florida
Agenda Item #2
Item Title
Review the Rolled-Back Rate Calculation and the 2007-08 Millages
Issue/Rationale
TRIM requires two public hearings for open discussion of millage rates and budgets of taxing authorities. The first substantive issue discussed by the governing body of the taxing authority is the percentage increase in millage over the rolled-back rate necessary to fund the budget, if any, and the purposes for which ad valorem tax revenues, are being increased. The general public is allowed to speak and ask questions prior to adoption of any measures by the governing body. The millage rate is adopted first and the budget is adopted second.
Recommended Action
N/A
Financial Impact
To be determined.
Submitted By
Dr. George F. Copeland, Assistant Superintendent for Business Affairs
Attachment: rolled20070815075208287.pdf