From Staff Reports
The Apopka City Council tabled the decision to approve the tentative millage rate for the FY24/25 budget until its July 17th meeting.
Apopka City Administrator Jacob Smith and Finance Director Blanche Sherman proposed a millage increase to 4.4376. According to Sherman, $8.1 million was transferred from its reserves, which stand at approximately $23-24 million after the transfer, to balance the budget.
General reserve spending has increased by 14.4% since the last budget. The proposed millage rate would end a streak of three straight years at 4.1876.
Because of an ongoing contract negotiation with the Apopka Professional Firefighters Association and several proposed spending initiatives by the Council, Commissioner Alexander Smith suggested raising the millage rate to 4.6876. However, the Council gained a consensus to table the decision until staff could determine the amount of the additional spending.
The vote preceded three days of budget workshops. The final votes will come in September when two budget hearings will be held to ratify the millage rate and budget.
This is breaking news and will be updated in a future edition of The Apopka Voice.