Commission Meeting Agenda Item

Agenda Item

Resolution 2022-118 (First and Final Reading) — Adoption of the Tentative Millage Rate for Fiscal Year 2022—2023

Agenda Item ID




Staff recommends approval of first and final reading of Resolution 2022-118 adopting the final millage rate of 3.3962 mils for Fiscal Year 2022—2023.


This resolution sets the Fiscal Year 2022—2023 property tax millage rate of 3.3962 mills per $1,000 taxable valuation, which is 9.40% greater than the current year’s rolled back rate of 3.1044.

As a reminder, the Town Commission could have increased the millage rate at the September 7th meeting, but at this second public hearing on September 19th, it cannot be increased from what was approved at the September 7th meeting. This rate plus any other rate below this rate requires an affirmation vote of three members of the Town Commission. This hearing was advertised via an ad in the local newspaper.

Fiscal Impact


Funding Account

Operating, Capital Budget and Other Funds

Source of Funding

Ad Valorem

Supporting Documents

  1. Resolution 2022-118
  2. Millage Rate Analysis


Commission Meeting Agenda Item 2022161 (.pdf document)

Draft Resolution 2022-118 - Millage (.pdf document)