File #: 24-1119    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/7/2024 In control: City Commission
On agenda: 9/3/2024 Final action: 9/3/2024
Title: RESOLUTION NO. 175-24: ADOPTION OF THE FISCAL YEAR TENTATIVE BUDGET BEGINNING OCTOBER 1, 2024
Sponsors: Finance Department
Attachments: 1. Agenda Cover Report, 2. Resolution 175-24 Tentative Budget FY 2025_Revised rev. KWB, 3. Exhibit A- Resolution 175-24 Budget Hearing 9.3.24, 4. FY 2024-25 Budget Worksheet 9.3.2024, 5. City DR420_2024_652, 6. City-Debt DR420Debt_2024_651, 7. CRA DR420Tif_2024_652, 8. Simple Legal Review Approval 175-24

TO:                                          Mayor and Commissioners

FROM:                     Hugh Dunkley, Chief Financial Officer

THROUGH:                     Terrence R. Moore, ICMA-CM

DATE:                     September 3, 2024

 

Title

RESOLUTION NO. 175-24: ADOPTION OF THE FISCAL YEAR TENTATIVE BUDGET BEGINNING OCTOBER 1, 2024

 

Body

Recommended Action:

Recommendation

Motion to adopt Resolution No. 175-24 - Adopting the Tentative Budget for the fiscal year beginning on October 1, 2024 and ending on September 30, 2025.

 

Body

Background:

This is the first of two required public hearings for the adoption of the tentative budget for the City of Delray Beach for the fiscal year beginning October 1, 2024, and ending on September 30, 2025. The budget appropriations are set forth in Exhibit A of the attached Resolution No. 175-24. The tentative budget for the City of Delray Beach sets the proposed operating millage rate at 5.9063 mills and the proposed debt service millage rate at 0.0337 mills.

 

 

Timing of Request:

This is the first of two required public hearings. The second public hearing will be held on September 16, 2024.