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01/14/2020 (3)
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01/14/2020 (3)
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8/19/2020 12:40:55 PM
Creation date
5/20/2020 10:53:20 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Minutes
Meeting Date
01/14/2020
Meeting Body
Board of County Commissioners
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Children's Trust of Indian River County <br />Dedicated Millage Overview & Timetable <br />Fiscal Year <br />Oct. 1 - Sept. 30 <br />Millage Rate and Total <br />$ Withheld <br />$ Available to <br />Children's Trust <br />* based on IRC Property <br />Value for 2019 <br />Comment <br />20/21 <br />--- <br />--- <br />Referendum on November 2020 Ballot <br />21/22 <br />one-quarter mill (.25) <br />$4,644,026 <br />$0 <br />Withheld for 22/23 Spending <br />22/23 <br />one-quarter mill (.25) <br />$4,644,027 <br />$4,644,026 <br />Year 1 of Children's Trust Funding <br />23/24 <br />one-third mill (.33) <br />$6,130,114 <br />$4,644,026 <br />Year 2 of Children's Trust Funding <br />24/25 <br />one-third mill (.33) <br />$6,130,115 <br />$6,130,114 <br />Year 3 of Children's Trust Funding <br />25/26 <br />one-half mill (.5) <br />$9,288,051 <br />$6,130,114 <br />Year 4 of Children's Trust Funding <br />26/27 <br />one-half mill (.5) <br />$9,288,052 <br />$9,288,051 <br />Year 5 of Children's Trust Funding <br />Thereafter <br />one-half mill (.5) <br />$9,288,053 <br />$9,288,051 <br />Continuation of .5 mill Funding <br />* IRC Property Tax Roll for 2019 = $18,576,104,581 <br />116 <br />
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