File #: 24-6327    Version: 1 Name: Ordinance - Millage Rate for FY 24/25
Type: Ordinance Status: Passed
File created: 8/28/2024 In control: City Commission
On agenda: 9/17/2024 Final action: 9/17/2024
Title: An Ordinance of the City of Key West, Florida, adopting an Ad Valorem Tax General Municipal Millage Rate for FY 2024-2025; Providing for severability; Providing for repeal of inconsistent provisions; Providing for an effective date. BE IT ORDAINED BY THE CITY OF KEY WEST, FLORIDA: That the final adopted ad valorem tax general municipal millage rate for FY 2024-2025 is hereby set at 2.0326 2.0134 mills ($2.0326 $2.0134 per thousand dollars of assessed property value). The 2024-2025 final adopted millage rate is equal to 6.00 5.00 percent more than the rolled back rate of 1.9175 mills ($1.9175 per thousand dollars of assessed property value).
Sponsors: Todd Stoughton
Attachments: 1. Ordinance - 2nd Reading, 2. Business Impact Estimate

Title

An Ordinance of the City of Key West, Florida, adopting an Ad Valorem Tax General Municipal Millage Rate for FY 2024-2025; Providing for severability; Providing for repeal of inconsistent provisions; Providing for an effective date. BE IT ORDAINED BY THE CITY OF KEY WEST, FLORIDA: That the final adopted ad valorem tax general municipal millage rate for FY 2024-2025 is hereby set at 2.0326 2.0134 mills ($2.0326 $2.0134 per thousand dollars of assessed property value). The 2024-2025 final adopted millage rate is equal to 6.00  5.00 percent more than the rolled back rate of 1.9175 mills ($1.9175 per thousand dollars of assessed property value).