- November 1, 2024
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In a meeting July 31, the Palm Coast City Council voted 3-0 to approve a maximum millage rate of $4.7 per $1,000 of taxable value, a slight increase over the current $4.5937.
Councilwoman Heidi Shipley and Councilman Nick Klufas were not present for the vote.
Even if the council kept the rate flat at the current $4.5937, that would be an increase, because property values are increasing. But the ultimate rate might be lower than the maximum rate set at the meeting.
“We’re proposing a little flexibility,” City Manager Jim Landon said before the council vote. “Historically, we always come down from whatever you establish as a maximum at the final budget hearing.”
The next budget hearing will be Sept. 5, and the final hearing will be Sept. 19.