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ON MOTION by Vic Chairman Solari, SECONDED by <br />Commissioner Flescher, the Board unanimously <br />approved the millage rate of 3.0892, and approved <br />Resolution 2010-073, establishing the tax millage rate to <br />be levied upon all real and personal taxable property in <br />Indian River County, Florida, for Fiscal Year 2010/2011 <br />for the General Fund. <br />ON MOTION by Commissioner Flescher, SECONDED <br />by Chairman O'Bryan, the Board unanimously approved <br />the dollar amount of $72,753,961, and approved <br />Resolution 2010-074, amending the County Budget <br />Officer's estimates of receipts other than taxes and of <br />balances to be brought forward for Fiscal Year <br />2010/2011 and adopting a final budget for the General <br />Fund. <br />MUNICIPAL SERVICE TAXING UNIT (M.S. T. U ) <br />Administrator Baird explained that this is an Ad Valorem tax budget paid by anyone <br />residing in the unincorporated area, and listed some of the departments that fall under this fund. <br />He reported that the proposed millage as 1.0733, 14.45% below rollback, and the proposed <br />budget is $25,590,018, a decrease of $4,797,098 from last year. He summarized the reasons for <br />the decrease to the budget, pointing out that Treasure Shores Beach Park would become an <br />unguarded beach for a reduction of $119,215, eliminating nine positions would save about <br />$530,430, and reducing transfers would account for a savings of $772,000. <br />4 <br />September 15, 2010 <br />Final Budget Hearing <br />