The City of Winter Springs' Fiscal Year 2011 Budget, as proposed, totals $44,310,971, representing a $4,496,297 decrease over the prior fiscal year's total budget of $48,807,268. Despite the effects of a continued decrease in the City's total property tax base, the proposed FY 2011 operating millage rate of 2.4714 mills and voted debt service millage rate of 0.1100 mills remain unchanged from the prior fiscal year.
The City Commission will hold a public forum to discuss the City's FY 2011 Proposed Budget on July 19th at 7:00 pm in the Commission Chambers at City Hall. On July 26th, the Commission will establish the tentative millage rate 'cap', which the final adopted millage rate may not exceed. The Final FY 2011 Budget will be approved at a Public Hearing on September 27th.
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