From Staff Reports
The Apopka City Council voted 5-0 to increase the millage rate to 4.8399 for its FY2024/25 budget.
Apopka City Administrator Jacob Smith and Finance Director Blanche Sherman proposed a millage increase of 4.4376 at the June 10th millage rate meeting, while Commissioner Alexander Smith suggested raising the millage rate to 4.6876.
But at the July 17th meeting, the Council gained consensus for the increased millage.
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 approved millage rate of 4.8399 ends a streak of three straight years at 4.1876.
The vote preceded three days of budget workshops and a previous millage rate meeting (July 8th-10th). The final votes will come in September when two budget hearings will be held to ratify the millage rate and budget. The first of those hearings is set for Wednesday, September 4th, at 5:15 in the Council chambers.
Editor's Note: The Apopka Voice requested a copy of the FY2024-25 budget on Wednesday, July 10th, but has not received it as of the publication of this article. The FY2024/25 budget was also not on the City website as of the publication of this article.
This is breaking news and will be updated in a future edition of The Apopka Voice.