CITY COMMISSION MINUTES BUDGET HEARING October 15, 2024 Mayor LaCascia reconvened the meeting at 6:00 p.m. ROLL CALL - Assistant City Manager Sheandolen Dunn Present: Mayor Joe LaCascia, Commissioner Charles Nichols, Commissioner Micheal T. Blethen, Commissioner Michelle Pettit, Commissioner Rick Wilson, Attorney Kristie Hatcher-Bolin (Sub for City Attorney Thomas Cloud) and City Manager Jackson City Attorney Thomas Cloud Absent: ORDER OF BUSINESS PUBLIC HEARINGS ORDINANCE 2024-06 - ANORDINANCE OF POLK CITY OF POLK COUNTY, FLORIDA, ADOPTING THE VENTATIVEFINAL) LEVYING OF AD VALOREM TAXES FOR POLK CITY FOR FISCAL YEAR 2024-2025 AND PROVIDING AN EFFECTIVE DATE. Second City Manager Jackson stated based on discussions with the Commission during the Budget Workshops on Saturday, August 17, 2024; she has prepared an Ordinance and Final Reading. reflecting a 5.25 Millage Rate. City Attorney Hatcher-Bolin read Ordinance 2024-06 by title only. City Manager Jackson advised that Polk City's certified value is $252,619,657. The FY 2024-2025 operating Millage Rate for Polk City is 5.25000 mills. The Rollback Rate computed for Polk City for FY 2024-2025 is 5.1234 mills; therefore, the percentage by which the above specified final Millage Rate to be levied by Polk City is 2.47 percent of Mayor LaCascia opened the Public Hearing. No one spoke for or against this Motion by Vice Mayor Nichols to approve Ordinance 2024-06 on Second and Final Reading reflecting a 5.25 millage rate; this motion was seconded by Commissioner the Rollback Rate. Ordinance. Mayor LaCascia closed the Public Hearing. Pettit. No discussion from the Commission or Public. Roll Call Vote: Mayor LaCascia = aye, Commissioner Blethen - aye, Commissioner Pettit - aye Motion carried unanimously. ORDINANCE 2024-07 - AN ORDINANCE OF POLK CITY OF POLK COUNTY, FLORIDA, ADOPTING THE BUDGET FOR FISCAL YEAR 2024-2025, PROVIDING FOR THE EXPENDITURE OF FUNDS IN ACCORDANCE WITH THIS BUDGET; PROVIDING FOR. AN EFFECTIVE DATE. Second and Final Reading City Attorney Hatcher-Bolin read Ordinance 2024-07 by title only. City Manager Jackson advised the total budget for FY 2024-2025 is $9,599,687. Various revenues accruing to Polk City and set aside for the purpose of paying expenses and maintaining the Government of Polk City for FY 2024-2025. Mayor LaCascia opened the Public Hearing. Vice Mayor Nichols stated as he had discussed with City Manager Jackson previously Lengthy discussion ensued regarding a salary survey and the long-term effects if given to amend the budget to reflect a 5% COLA instead oft the 4%. a 5% COLA increase versus a 4%. Mayor LaCascia closed the Public Hearing. Motion by Vice Mayor Nichols to approve Ordinance 2024-07 on Second and Final Reading reflecting a 5% COLA increase; this motion was seconded by Commissioner Pettit. Roll Call Vote: Commissioner Nichols LaCascia - nay aye, Commissioner Pettit-aye, Commissioner Blethen - nay, Commissioner Wilson = aye, Mayor Motion carried 3/2. Meeting adjourned at 6:20 p.m. Patricial RJackson, City Manager Joe Lafascia, Mayor le 2