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The original item was published from 9/13/2007 3:44:28 PM to 9/26/2007 12:00:04 AM.

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Posted on: September 13, 2007

[ARCHIVED] Board Approves Draft 2007-08 Workplan and Budget

The Suwannee River Water Management District governing board approved the draft FY 2007-08 Work Plan and Budget at its meeting Tuesday in Live Oak.

The proposed FY 2007-08 budget calls for a tax rollback rate of 0.4399 mills, or about 44 cents per $1,000 of assessed property value. This is a three-percent decrease from last year’s rate of 0.4914 mills. Prior to this year, the millage had remained at 0.4914 mills since FY 1993.

The total proposed budget is $81.9 million.

A final public hearing on the budget will be held on Tuesday, September 25 at 5:30 p.m. in Live Oak. Following public comment the governing board will adopt a final budget.

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