No one from the public attended, so pre-meeting conversation was probably the most interesting part of the proceedings.
The meeting was called to order at 5:15 p.m. and began with the rolled back millage rate.
State law requires that taxing authorities begin their budget meetings with a rolled back millage rate, or a rate which would, if levied with current property appraisals, produce the same revenue as in the previous year.
The rolled back millage rate for the BGFCD is 1.2251, meaning that in order to produce last year’s tax revenue at current property values, the millage rate would have to be 1.2251.
The percent increase from the rolled back millage to the current millage is 1.05.
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