City Budget Passes First Reading
The Key West City Commission, in a 5-2 vote, approved the budget for fiscal 2021/2022 during the first of two public hearings on Monday.
The ordinance, which will return for a second reading on September 23rd, set the millage rate at 2.1360, which translates to $2.14 per thousand dollars of assessed property value.
Finance Director Mark Finigan pointed out that homesteaded properties are protected by the Save Our Homes Act cap of 3 percent.
“Everyone has worked hard on this budget,” said City Manager Patti McLauchlin. “We’ve crafted a budget that allows us to move forward according to our strategic plan, a plan that directly reflects the priorities set through extensive discussions with the community and with City staff.”
The second reading of the ordinance will be Thursday, September 23rd at 5:05.