1. Budget Parameters and Fire Assessment

July 21, 2026 City Council Regular Session · 2026-07-21 · agenda_item

The City of Mount Dora is reviewing its budget parameters and fire assessment for the upcoming fiscal year, with a focus on maintaining core services and preparing for potential impacts from a statewide property tax amendment. This amendment, if approved by voters, could significantly reduce the City's ad valorem revenue. The City Council is discussing potential budget reductions and alternative revenue sources. The residential fire assessment fee is proposed to remain unchanged at $239 per dwelling unit, projected to generate approximately $2.37 million. A preliminary Fire Assessment Fee Resolution is expected on the June 16th City Council agenda, with a future workshop dedicated to budget reductions and alternative revenue sources. This review process involves financial planning and potential adjustments to municipal services, which could lead to future construction or infrastructure needs as the city plans for fiscal uncertainty. Contractors, suppliers, and service providers should engage early to understand the city's long-term financial planning and potential future project scopes.

homestead exemption

150000 dollars

homestead exemption

250000 dollars

revenue reduction

33 percent

revenue reduction

53 percent

clinic costs

7 percent

insurance increases

1.8 percent

insurance increases

2 percent

property tax roll increase

9.98 percent

additional ad valorem revenue

1.274 million dollars

proposed tax increase

41.06 dollars

residential fire assessment fee

239 dollars per dwelling unit

residential fire assessment revenue

2.37 million dollars

fire impact fees revenue

140000 dollars