- March 14, 2025
The Palm Coast City Council will formally vote to approve the maximum proposed millage rate for the 2012-2013 fiscal year at Tuesday’s regular meeting. The meeting gets under way at 9 a.m. at the Community Center, 305 Palm Coast Parkway N.E.
Palm Coast’s budget discussions will continue Tuesday morning when the City Council will formally vote to approve the maximum proposed millage rate of 4.5 mills, or $4.50 per $1,000 of taxable value.
City officials say the millage rate will likely come down to the rolled back rate of 4.2958 mills, which would be the rate that would generate the same amount of money next fiscal year based on the 6.3% drop in property values citywide.
At last week’s workshop, Finance Director Chris Quinn did a presentation on the general fund, which is projected to be about $28,398 more next fiscal year.
The City Council unanimously agreed in consensus to the rate of 4.5.
Approval of the preliminary tax rate is the sixth item on the agenda.
Also on Tuesday’s agenda, the City Council will hear a staff presentation on “Prosperity at Work,” which will highlight the city’s Prosperity 2021 plan. The third agenda item is a presentation by the Flagler County Economic Opportunity Advisory Council.
The council will also vote to approve spending $330,412.50 to replace a major road structure on Bird of Paradise.
Tuesday’s meeting gets under way at 9 a.m. at the Community Center, 305 Palm Coast Parkway N.E.
