HomeMy WebLinkAbout2020 02 24 Regular 500 - FY 2021 Budget Calendar • REGULAR AGENDA ITEM 500
noora=a CITY COMMISSION AGENDA I FEBRUARY 24, 2020
1959
REGULAR MEETING
TITLE
FY 2021 Budget Calendar
SUMMARY
Staff requests the City Commission approve the FY2021 Budget Calendar.Approval
of the Budget Calendar is needed in order to establish a timeline for the FY 2021
budget process. The most critical events have been emphasized/bolded on the
attached FY2021 Budget Calendar.The millage cap must be established bytheJuly
13 City Commission meeting. Still to be determined is the the date and time for the
Budget Workshop. In the past, various options have been exercised for the
workshop:
Agenda item at the Regular Meeting (7/13)
Special Workshop on Julyl3th scheduled prior to the 6:30 pm meeting
Another date(s) altogether during the time frame ofJuly 1-12
RECOMMENDATION
Staff recommendstheCityCommission determinethedate and time ofthe FY2021
Budget Workshop and approve the Budget Calendar for fiscal year 2021.
FY 2021 Budget Calendar - for consideration
City of Winter Springs
Key dates in BOLD
Proposed:
Date Function
February 24 Commission establishes FY 2021 Budget Calendar
by July 1 Transmission of Proposed 2021 Budget - budget placed on
Shared Drive and Website
Tentative:
by July 1 Property Appraiser submits DR 420 Certification of Value
TBD Budget Workshop
July 13 Commission establishes millage cap (DR 420 tentative
millage rates via Resolution)
August 4 Deadline to Notice Property Appraiser of
Proposed Millage Rate/ Rolled-back Rate/ Date, Time, Place
of Public Hearing
(Must be sent within 35 days of certification of value)
August 24 Deadline for Property Appraiser to send TRIM Notice to
property owners
(Considered notification of Tentative public hearing; must
be mailed by PA within 55 days of value certification)
September Public Hearing (Tentative)
14 Tentative millage and budget hearing (Resolutions)
(Must be within 80 days of value certification but not earlier
than 65 days after certification)
Final/Adopted:
September Advertisement publication date (Thursday for Seminole
24 Extra) for final millage and budget hearing
(Final public hearing must be within 15 days of the tentative
public hearing)
September Public Hearing (Final)
28 Final millage and budget hearing - Adoption of final millage
and budget must be done separately and in that order
(Resolutions)
(Hearing must be held not less than 2 days or more than 5
days after advertisement is published)
by October Resolution to Property Appraiser
1 Resolution to Tax Collector
(Must be submitted within 3 days after adoption of final
millage rate)
by October Mail TRIM package to Property Tax Administration Program
28 Department of Revenue (Must be submitted within 30 days
of final adoption)