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current needs,future demands,and the expectations of our community;embracing innovation,technology,and resiliency. • Public Safety:Protecting residents and property through effective and responsive fire rescue,emergency medical services,and emergency management. Promoting the safety and well-being of the community through effective planning and enforcement of community and life-safety standards. Quality of Life: Enhancing the quality of life to foster a thriving community for Indian River County residents by advancing programs and policies directed toward children, seniors,economic opportunity, attainable housing, community health, recreation, and public mobility. Revenue Outlook The tax roll increase provides additionalfunding(General Fund,MSTU Fund and Emergency Services District combined)for next fiscal year's budget in the amount of$14,866,535,with the revenue impacts detailed below: Half Cent Sales Tax is remaining flat. State Revenue Sharing is remaining flat. Optional Sales Tax is increasing by$754,000 or 2.7%. Gas taxes are increasing$164,969 or 2.5%collectively. Proposed Ad Valorem Tax Rates Based on the preliminary rolls and recommended expenses,the proposed millage rates are as follows: Comparison of Adopted Millage Rates to Proposed • Fund Description FY 2024/25 FY 2025/26 #Difference %Difference Adopted Millage Proposed Millage General Fund 3.5475 3.5475 0.0000 0.00% Land Acquisition Bond 2024 0.0639 0.0610 (0.0029) (4.54)% Subtotal Countywide Millage 3.6114 3.6085 (0.0029) (0.08)% MSTU Fund 1.1506 1.1506 0.0000 0.00% Emergency Services District 2.3531 2.3531 0.0000 0.00% Aggregate Millage 6.1198 6.1158 (0.0040) (0.07)0/0 The FY 2025/2026 proposed millage rates remain unchanged from the previous year's rates for the existing funds,with exception to the Land Acquisition Bond 2024 rate,as it will be decreasing by 0.0029 mills.The proposed Aggregate Millage rate is decreasing by 0.0040 mills or 0.07%to 6.1158 mills.This specific rate is not paid by any taxpayer but is rather an average millage rate required to be shown for comparative purposes. For illustrative purposes,the effect of the proposed millage rates on a home with an assessed value of$344,240(1)and a homestead exemption of$50,000 is shown in the following table. Typical House Comparison-Proposed vs.Current with 3.0%CPI Increase&$50,000 Homestead Exemption Proposed Millage FY 2024/25 FY 2025/26 $Inc/(Dec) %Inc/(Dec) Compared to Current Adopted Millage Proposed Millage Taxable Value $344,240 $354,567 $10,327 3.00% General Fund $1,043.82 $1,080.45 $36.63 3.51% Land Acquisition Bond 2024 $18.80 $18.58 ($0.22) (1.17)% Subtotal-Indian River Shores $1,062.62 $1,099.03 $36.41 3.43% Emergency Services District $692.38 $716.68 $24.30 3.51% Subtotal-All Other Incorporated Areas $1,755.00 $1,815.71 $60.71 3.46% . M.S.T.U.Fund $338.55 $350.44 $11.89 3.51% Total-Unincorporated Area $2,093.55 $2,166.15 $72.60 3.47% (1)Based on the average assessed value of all homestead properties in Indian River County as of June 2025. 11