File #: 20-642    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 8/20/2020 In control: City Commission
On agenda: 9/10/2020 Final action:
Title: RESOLUTION NO. 147-20: TENTATIVE BUDGET ADOPTION FOR FY 2021
Sponsors: Finance Department
Attachments: 1. Agenda Cover Report, 2. Exhibit A 2021 1st Hearing 9.10.20, 3. Resolution 147-20 TENTATIVE BUDGET ADOPTION FOR FY 2021
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO:                                          Mayor and Commissioners

FROM:                     Marie Kalka, Finance Director

THROUGH:                     Jennifer Alvarez, Interim City Manager

DATE:                     September 10, 2020

 

Title

RESOLUTION NO. 147-20: TENTATIVE BUDGET ADOPTION FOR FY 2021

 

Body

Recommended Action:

Recommendation

Motion to approve Resolution No. 147-20 Tentative Budget Adoption for FY 2021.

 

Body

Background:

Resolution No. 147-20 provides for the tentative appropriations of sums of money for all necessary

expenditures of the City of Delray Beach (City) for the period of October 1, 2020 to September 30,

2021.

 

The tentative FY 2021 budget appropriations are set forth in Exhibit A of the attached Resolution No.

147-20. The tentative budget utilizes an operating millage rate of 6.6611 and a debt service millage

rate of 0.1886. Final millage rates will be determined by the City Commission prior to final adoption of

the budget on September 22, 2020. Any recommended amendments to Exhibit A will be addressed in

the resolution for final budget adoption.

 

Pursuant to City Charter and TRIM requirements, a public hearing must be held prior to adoption of

the tentative budget.

 

Final adoption for the budget for FY 2021 is scheduled on September 22, 2020.

 

A preliminary version of the budget was distributed to the City Commission and made available to the

public in August. Updates and revisions resulting from ongoing budget development will be presented

at the September 10, 2020 meeting.

 

 

Timing of Request:

The final budget public hearing is scheduled for September 22, 2020.