City Council Adjusts General Fund Millage Rate to 3.37 Amid Budget Revisions

July 23, 2025 | Marion County, Florida


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City Council Adjusts General Fund Millage Rate to 3.37 Amid Budget Revisions
The Marion County Board of County Commissioners held a budget workshop on July 23, 2025, focusing on significant adjustments to the county's financial plans. Key discussions included a reduction in the millage rate to 3.37, which is expected to impact the general fund positively.

During the meeting, officials noted a revised budget from the Department of Revenue property appraiser, resulting in a $15,000 decrease in that budget. However, this revision does not account for the salaries of elected officials, prompting a recommendation to withhold $5,000 for future adjustments. Overall, this change translates to a net gain of approximately $10,000 for the county.

Additionally, the commissioners discussed the fine and forfeiture fund, which saw an increase in expenditures related to the Department of Juvenile Justice (DJJ). Efforts were made to balance these expenditures with available recurring and non-recurring revenues.

The county's reserve for cash carry forward was reported at $6.2 million, which is deemed sufficient to cover over two months of operating expenses. Furthermore, the remaining 0.04 mills is projected to yield $1,448,912, highlighting the financial adjustments being made as the county prepares for the upcoming fiscal year.

These discussions reflect the county's ongoing efforts to manage its budget effectively while addressing community needs and maintaining financial stability.

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