File #: 24-1122    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/7/2024 In control: City Commission
On agenda: 9/16/2024 Final action: 9/16/2024
Title: RESOLUTION NO. 175-24: ADOPTION OF THE FISCAL YEAR FINAL BUDGET BEGINNING OCTOBER 1, 2024
Sponsors: Finance Department
Attachments: 1. Agenda Cover Report, 2. Resolution 175-24 FY 2025 City Budget - Final Budget Hearing 9.16.2024- Rev.kwb 9.9.24, 3. FY 2024-25 Budget Worksheet - Tentative Budget-Revised, 4. DDA FY24-25 Millage and Budget Memo for CC 9.03.24, 5. FY2024-25 Exhibit A Final Budget Hearing 9.16.2024- Revised, 6. Simple Legal Review Approval Final Budget Resolution 175-24 final budget

TO:                                          Mayor and Commissioners

FROM:                     Hugh Dunkley, Chief Financial Officer

THROUGH:                     Terrence R. Moore, ICMA-CM

DATE:                     September 16, 2024

 

Title

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

 

Body

Recommended Action:

Recommendation

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

 

Body

Background:

This is the second of two required public hearings for the adoption of the final 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 final budget for the City of Delray Beach sets the final operating millage rate at 5.9063 mills and the final debt service millage rate at 0.0337 mills.

 

City Attorney Review:

Approved as to form and legal sufficiency.

 

Timing of Request:

This is the second of two required public hearings. The first public hearing was held on September 3, 2024.