Green Cove Springs approves millage rate, budget for 2023-24
GREEN COVE SPRINGS – The City Council approved a 4.7 millage rate Tuesday night for the next fiscal year that will generate $3.3 million in revenues, a 14.85% increase from last year’s …
This item is available in full to subscribers.
Attention subscribers
To continue reading, you will need to either log in to your subscriber account, or purchase a new subscription.
If you are a current print subscriber, you can set up a free website account and connect your subscription to it by clicking here.
If you are a digital subscriber with an active, online-only subscription then you already have an account here. Just reset your password if you've not yet logged in to your account on this new site.
Otherwise, click here to view your options for subscribing.
Please log in to continueDon't have an ID?Print subscribersIf you're a print subscriber, but do not yet have an online account, click here to create one. Non-subscribersClick here to see your options for subscribing. Single day passYou also have the option of purchasing 24 hours of access, for $1.00. Click here to purchase a single day pass. |
Green Cove Springs approves millage rate, budget for 2023-24
GREEN COVE SPRINGS – The City Council approved a 4.7 millage rate Tuesday night for the next fiscal year that will generate $3.3 million in revenues, a 14.85% increase from last year’s rolled-back rate of 4.1275.
In doing so, the city’s fiscal year 2023-24 budget will be $15,899,291, with the largest expenses being $4.7 million for the police department and $3.9 million for public works.
A millage rate is the amount assessed for each $1,000 of value for non-exempt real property.
The new budget goes into effect on Oct. 1.
The council approved a five-year capital improvement program from 2024 to 2028 in other businesses. The total cost of the plan will be $21,487,293.
The city spent months identifying long-term needs and revenue sources. The plan will address the Augusta Savage Arts and Community Center, information technology, parks, code enforcement, public works, equipment maintenance, police, electric, water, solid waste, stormwater and wastewater.
get social