Commission Meeting Agenda Item
Agenda Item Title
Ordinance 2023-13 (First Reading) — Adoption of Fiscal Year 2023-2024 Budget
Agenda Item ID
2023122
Department
Finance
Staff Recommended Motion
Staff recommends approval of the first reading of Ordinance 2023-13 as presented regarding adoption of the Fiscal Year 2023-2024 budget.
Summary
This ordinance sets the Fiscal Year 2023-2024 Budget estimated revenues, expenditures, and expenses for the General Fund, the Special Revenue Fund, and the Utilities Fund.
Per State Statute Chapter 200.065, the Town of Lady Lake must hold a public hearing on the tentative millage rate and proposed budget. At this hearing, the Town Commission will amend and approve the first reading of the budget ordinance after adoption of the tentative millage rate. This hearing was advertised via the TRIM notice mailed out by the Property Appraiser.
Fiscal Impact
$39,300,036
Funding Account
Operating, Capital Budget and Other Funds
Supporting Documents
- Ordinance 2023-13
- Summary of Funds to be reviewed
Public Hearings
The second and final reading is scheduled for Monday, September 18, 2023, at 6 p.m.
Downloads
Commission Meeting Agenda Item 2023122 (.pdf document)
Draft Ordinance 2023-13 (.pdf document)