HomeMy WebLinkAbout2024 02 26 Consent 301 - FY 2025 Budget CalendarCONSENT AGENDA ITEM 301
CITY COMMISSION AGENDA | FEBRUARY 26, 2024 REGULAR MEETING
TITLE
FY 2025 Budget Calendar
SUMMARY
Staff requests the City Commission approve the FY 2025 Budget Calendar. Approval of
the Budget Calendar is needed in order to establish a timeline for the FY 2025 budget
process. The most critical events have been emphasized/bolded on the attached
proposed FY 2025 Budget Calendar. The millage cap must be established by the July
8th meeting.
FUNDING SOURCE
N/A
RECOMMENDATION
Staff recommends that the City Commission approve the FY 2025 Proposed Budget
Calendar or amend it as deemed necessary.
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FY 2025 Budget Calendar
City of Winter Springs
Key dates in BOLD
Proposed:
Date Function
February 26 Commission establishes FY 2025 Budget Calendar
by July 1 Transmission of Proposed 2025 Budget - budget placed
on Shared Drive and Website
Tentative:
by July 1 Property Appraiser submits DR 420 Certification of Value
July 8 Budget Workshop
July 8 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 9 Public Hearing (Tentative)
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 19 Advertisement publication date (Thursday for Seminole
Extra) for final millage and budget hearing
(Final public hearing must be within 15 days of the
tentative public hearing)
September 23 Public Hearing (Final)
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
September 26
Resolution to Property Appraiser
Resolution to Tax Collector
(Must be submitted within 3 days after adoption of final
millage rate)
by
October 23
Mail TRIM package to Property Tax Administration
Program Department of Revenue (Must be submitted
within 30 days of final adoption)
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