Apopka City Budget 2024-25
City Council schedules budget workshop before September hearings
Posted
From Staff Reports
Will the Apopka City Council keep the new millage rate in place? What will the final budget look like? What expenditures, made after the budget workshops, will survive after the budget workshops and be included in the final budget?
The answers, in part, will be answered at a special workshop.
The Apopka City Council will meet on Wednesday to discuss the final details of the 2024/25 fiscal year budget and millage rate before the final budget hearings scheduled for September 4th and 18th. This is an opportunity to iron out some last-minute yet important details, like the recently resolved contract negotiations with the Apopka Professional Firefighters Association, before signing off on the final budget and millage rate.
According to the packet for the meeting on the City of Apopka website, the staff summary states:
SUBJECT:
FY2025 Budget Workshop Meeting - Pending Items
REQUEST:
Review and consideration of the pending items requiring consensus and resolution to finalize the FY2025 Tentative Budget and Millage Rate
"Over the past two months, several budget workshops have been held to discuss and finalize the FY2025 Tentative Budget and Millage Rate. On July 17, 2024, the Millage Rate was set at 4.8399 to allow the Council to consider adding additional items if needed. At the August 28, 2024, Budget Workshop Meeting, we will discuss the pending items below to determine the Tentative Budget and Millage Rate."
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 July 10th millage rate meeting, while Commissioner Alexander Smith suggested raising the millage rate to 4.6876.
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 meeting is scheduled for 5:15 pm at the Apopka City Hall Council chambers.
Keywords
Apopka City Council,
Apopka City Budget,
Apopka,
Millage Rate,
What will Apopka's millage rate be?
