The City Council is required by Truth in Millage Compliance to set the maximum millage for FY16/17 and set the time and date of the first public hearing in September. The Public Hearings cannot be on the same date as the School Board or Board of County Commissioners.
Staff is recommending a maximum millage for FY16/17 of 8.4520 mills, and that the first Public Hearing be held on Thursday, September 8, 2016 at 5:30 p.m. The current millage rate is 8.452 mills. After establishing the maximum millage rate, the Council can always adopt a lower millage rate, but may not increase the rate.