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ID 2025-226

APPROVING THE PROPOSED MILLAGE RATE FOR THE CITY OF MARGATE FISCAL YEAR 2025/2026 IN THE AMOUNT OF 7.5378 MILLS PER THOUSAND DOLLARS OF ASSESSED VALUATION (WHICH INCLUDES 0.4207 FOR VOTED DEBT SERVICE); THAT THE OPERATING MILLAGE RATE OF 7.1171 IS 7.47% HIGHER THAN THE ROLL-BACK RATE OF 6.6221.

Resolution Passed Introduced August 21, 2025

Committee: City Commission Budget Hearing
Introduced: August 21, 2025
On agenda: September 10, 2025
Passed: September 10, 2025
Enacted: September 10, 2025
Enactment no.: 1112

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Where it was heard

City Commission Budget Hearing Sep 10, 2025 approved Pass