Millage and Budget for Fiscal Year 2021-2022
On September 20, 2021, the Town Council met to set the final millage rate and consider the Annual Budget for Fiscal Year 2021-2022. The final millage was set at 1.4.
On November 29, 2022, the Town Council adopted a final budget amendment pursuant to Florida Statutes.
In the below tables is provided information about the original adopted budget and the final budget amendment.
Ad Valorem Taxes are based on 95% of gross taxable values.
| Estimated Revenues | General Fund - Annual Budget |
General Fund - Final Budget Amendment |
|---|---|---|
| Ad Valorem Taxes | $626,741.00 | $626,741.00 |
| Intergovernmental | $128,021.00 | $128,021.00 |
| Licenses and Permits | $105,130.00 | $105,130.00 |
| Interest Earnings | $540.00 | $540.00 |
| Other Revenues | $4,200.00 | $4,200.00 |
| Total Sources | $864,632.00 | $8,64,632.00 |
| Fund Balances/Reserves/Net Assets | - | - |
| Total Revenues | $864,632.00 | $864,632.00 |
| Expenditures | General Fund - Annual Budget | General Fund - Final Budget Amendment |
|---|---|---|
| General Government | $573,787.00 |
$573,787.00 |
| Public Works | $83,700.00 | $83,700.00 |
| Cultural and Recreational* | $10,000.00 | $0.00 |
| Capital Outlay | $9,800.00 |
$19,800.00 |
| Total Expenditures | $677,287.00 |
$677,287.00 |
| Fund Balances/Reserves/Net Assets | $187,345.00 |
$187,345.00 |
| Total Appropriated Expenditures, Transfers, Reserves & Balances | $864,632.00 |
$864,632.00 |
*Cultural and Recreational expenses regard dune protection measures.
