Summary The City of Alachua Commission must hold a Public Hearing on the City's Fiscal Year 2019-2020 Tentative Millage Rate and Tentative Budget as required by Florida Statutes, Chapters 129 and 200 and as advertised in the Truth-In-Millage (TRIM) Notices distributed by the Alachua County Property Appraiser's Office.
This evening we will take a number of actions related to the adoption of the millage rate and proposed budgets. The Final Public Hearing on these matters will be held on Monday, September 23, 2019 at 6:00 p.m. in this same location, Alachua City Hall Commission Chambers.
During the month of August 2019, the City Manager presented to the City Commission the proposed budgets by major fund type. The tentative budgets presented, at that time, totaled $49,207,031. An additional $355,000 has been added within the General Fund since these presentations. This includes $235,000 for multi-purpose field and concession accessories, $100,000 for the inclusive playground and $20,000 for facilities architectural services.
The FY 2019-2020 Tentative Budget being presented is $49,562,031. This is $8,210,441 less than the FY 2018-2019 Amended Budget of $57,772,472.
The General Fund tentative budget is based on a tax rate of 5.3900 mills. This tentative millage rate is 0.83% more than the rolled-back rate of 5.3455 mills.
In order to enact the proposed tentative millage rate, a majority vote must be passed by the City Commission at the final public hearing on the budget. By adopting these resolutions tonight, the Commission authorizes and directs the City Manager to prepare and publish all necessary and required notices prior to the hearing established herein, and to provide copies of these resolutions to all parties as may be required by applicable law. | | |