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Adoption of the tentative budget for the City of Pompano Beach for Fiscal Year 2024-2025 totaling $468,047,472.
(Fiscal Impact: $468,047,472 for FY 2025)
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(Staff Contact: Erjeta Diamanti)
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Summary Explanation/Background:
Pursuant to State Statue 200.065, taxing authorities are required to adopt Fiscal Year tentative and final millage rates and a citywide budget following the first and final public hearings. At the public hearings, the rolled-back rate, the percentage of increase over the rolled-back rate, and the millage rate to be levied must be publicly read.
This is the adoption of the tentative budget for the City of Pompano Beach for Fiscal Year 2024-2025, totaling $468,047,472 (Excluding the FY 2025 EMS tentative budget of $29,097,000, which will be adopted during the EMS Special District Meeting) - Exhibit A attached.
The City’s FY 2025 Recommended Budget Books are published on the City’s Budget Office webpage: https://www.pompanobeachfl.gov/government/budget.
Per State Statue, the FY 2025 Adopted Budget Books will be published on the City’s Budget Office webpage https://www.pompanobeachfl.gov/government/budget within 30 days of the budget’s final adoption.
Origin of request for this action: City Manager’s Office
Fiscal impact and source of funding: $468,047,472 for FY 2025
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