TALLAHASSEE, Fla. — The Tallahassee City Commission unanimously approved the Fiscal Year 2020 (FY20) budget.
The balanced budget focuses on the community's highest priorities of public safety, infrastructure investment, quality of life, the impact of poverty and economic development.
Developed through a multi-stage process involving public participation and City Commission input, the FY20 budget totals $899.5 million. Within that, the operating budget totals $740.7 million, and the capital budget totals $158.8 million.
"Tallahassee's balanced budget provides residents with the very best in service, financial stewardship and transparency," said Tallahassee Mayor John Dailey. "With investments in key areas that meet our community's needs, the city will continue to uphold its mission of being the national leader in the delivery of public services with no increase to the millage rate."
As part of the FY20 budget, City Commissioners voted to hold the millage rate at 4.1000 mills.
According to the Municipal Cost Comparison (MCC), which evaluates what residents pay in taxes and fees for essential city services, Tallahassee is the lowest cost provider in its peer group of 11 other cities from across the state.
The MCC also shows that Tallahassee maintains the lowest millage rate, despite having the second-largest service area and a large proportion of non-taxable property (government buildings, universities, churches, etc.).
Other key takeaways from the approved FY20 budget include:
FY20 begins on October 1.