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A RESOLUTION ADOPTING THE ANNUAL BUDGET OF ESTIMATED EXPENDITURES/EXPENSES AND RECEIPTS/REVENUES FOR THE CITY OF POMPANO BEACH, BROWARD COUNTY, FLORIDA FOR FISCAL YEAR 2017-2018 TOTALING $248,938,842; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $248,938,842)
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(Staff Contact: Erjeta Diamanti)
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Summary Explanation/Background:
Pursuant to State Statute 200.065, taxing authorities are required to adopt a Fiscal Year tentative/final budget following a public hearing, within 65 to 80 days of property valuation certification. At the public hearing, the roll back rate, percentage of increase over the roll back rate, and the millage rate to be levied must be publicly read.
The Fiscal Year 2017-2018 City of Pompano Beach budget totals $248,938,842.
Origin of request for this action: Budget Office
Fiscal impact and source of funding: $248,938,842
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