TO: Mayor and Commission AGENDA DATE: 7/21/2025
FROM: City Manager AGENDA ITEM: 7 - E
SUBJECT:
Title
Resolution No. 2025-82 - Maximum Lake McGarity Annual Assessment Rate for Fiscal 2025-26
Body
LOCATION:
Citywide
COST:
Not Applicable
SOURCE OF FUNDS:
Lake District Assessments
ORIGINATING DEPARTMENT:
Finance
POTENTIAL MOTION:
Recommendation
“I move to adopt Resolution No. 2025-82.”
END
BACKGROUND:
Background
The Lake McGarity Special Assessment District was established to provide aquatic weed control services for the Lake. The cost of those services is apportioned to properties that will benefit from those services and will be levied to the property owners.
Section 54-16 of the Code of Ordinances requires that the City Commission adopt an Annual Rate Resolution during its budget adoption.
The attached Resolution only establishes the maximum annual assessment of $30.00 per assessed parcel for FY2025/2026 for the Lake McGarity Assessments to be included as part of the annual Truth in Millage Notice (TRIM) per F.S. 197.3632.
Staff as part of the TRIM process the for the City Commission to set the final Annual Lake McGarity Assessment as part of the September 15 Commission meeting.
End