Palm Bay City Officials Hold Budget Workshop, Discuss Proposed Millage Rate
By Space Coast Daily // June 24, 2016
$1.5 million allocated to Road Maintenance
BREVARD COUNTY • PALM BAY, FLORIDA – The City of Palm Bay held its second budget workshop on Wednesday, continuing the discussion of the proposed budget for Fiscal Year (FY) 2017.
Council members spent nearly two hours discussing the proposed millage rate and the importance of addressing critical needs that have had to be put off in past while continuing to provide funding for road maintenance.
“This is compounded with exponential growth, which is a good thing but when you’re trying to play catch up with critical needs it’s a challenge. The city is healthier but not as healthy as it should be and we’re looking at ways to keep getting better.”
“The current budget proposal for FY 2017 has allocated $1.5 million to the Road Maintenance Program and it is expected that an additional $1.5 million will come from the sale of excess city property in the coming months.”
At the conclusion of the meeting Mayor Capote and Council directed Lynk and his staff to make recommendations for the city’s budget with a proposed millage rate of 8.45 mils, a decrease of last year’s millage rate of 8.6 mils, with .54 mils (approximately $1.5 million) being added to the road maintenance fund.
The next budget workshop will be held on August 8th, 2016 in Council Chambers at City Hall.
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