15. Revenues and Expenditures/Expenses

City Council · 2026-04-21 · agenda_item

This agenda item concerns the City of West Melbourne's revenues and expenditures, specifically focusing on property taxes, franchise fees, and proprietary fund operations for the Water and Sewer Fund. It details the city's authority to levy property taxes, state-imposed limits on annual increases, and the current millage rate. The discussion also covers how franchise fees are reported and distinguishes between operating and nonoperating revenues and expenses for the Water and Sewer Fund, including customer charges and tap fees. This item is currently under review by the City Council. The discussions may lead to future decisions impacting city finances and services. Local contractors, suppliers, and service providers are encouraged to monitor these proceedings as potential future projects or service needs may arise from the city's financial planning and operational requirements. Early awareness allows businesses to be prepared for potential opportunities.

mills

10 mills

percentage

10 %

fiscal year

2007-2008

fiscal year

2002

fiscal year

2007

fiscal year

2025

mills

1.8843 mills