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current needs, future demands, and the expectations of our community; embracing innovation, technology, and <br />resiliency. <br />• Public Safety: Protecting residents and property through effective and responsive fire rescue, emergency medical <br />services, and emergency management. Promoting the safety and well-being of the community through effective <br />planning and enforcement of community and life -safety standards. <br />Quality of Life: Enhancing the quality of life to foster a thriving community for Indian River County residents by <br />advancing programs and policies directed toward children, seniors, economic opportunity, attainable housing, <br />community health, recreation, and public mobility. <br />• <br />r <br />Revenue Outlook <br />The tax roll increase provides additionalfunding (General Fund, MSTU Fund and Emergency Services District combined) for <br />next fiscal year's budget in the amount of $14,866,535, with the revenue impacts detailed below: <br />Half Cent Sales Taxis remaining flat. <br />State Revenue Sharing is remaining flat. <br />Optional Sales Tax is increasing by $754,000 or 2.7%. <br />Gas taxes are increasing $164,969 or 2.5% collectively. <br />Proposed Ad Valorem Tax Rates <br />Based on the preliminary rolls and recommended expenses, the proposed millage rates are as follows: <br />Comparison of Adopted Millage Rates to Proposed <br />Fund Description <br />FY 2024/25 <br />Adopted Millage <br />FY 2025/26 <br />Proposed Millage <br /># Difference <br />% Difference <br />General Fund <br />3.5475 <br />3.5475 <br />0.0000 <br />0.00% <br />Land Acquisition Bond 2024 <br />0.0639 <br />0.0610 <br />(0.0029) <br />(4.54) % <br />Subtotal Countywide Millage <br />3.6114 <br />3.6085 <br />(0.0029) <br />(0.08) % <br />MSTU Fund <br />1.1506 <br />1.1506 <br />0.0000 <br />0.00% <br />Emergency Services District <br />2.3531 <br />2.3531 <br />0.0000 <br />0.00% <br />Aggregate Millage <br />6.1198 <br />6.1158 <br />(0.0040) <br />(0.07) % <br />The FY 2025/2026 proposed millage rates remain unchanged from the previous year's rates for the existing funds, with <br />exception to the Land Acquisition Bond 2024 rate, as it will be decreasing by 0.0029 mills. The proposed Aggregate Millage <br />rate is decreasing by 0.0040 mills or 0.07% to 6.1158 mills. This specific rate is not paid by anytaxpayer but is rather an <br />average millage rate required to be shown for comparative purposes. <br />For illustrative purposes, the effect of the proposed millage rates on a home with an assessed value of $344,240(1) and a <br />homestead exemption of $50,000 is shown in the following table. <br />Typical House Comparison - Proposed vs. Current with 3.0% CPI Increase & $50,000 Homestead Exemption <br />Proposed Millage <br />Compared to Current <br />FY 2024/25 <br />Adopted Millage <br />FY 2025/26 <br />Proposed Millage <br />$Inc/(Dec) <br />%Inc/(Dec) <br />Taxable Value <br />$344,240 <br />$354,567 <br />$10,327 <br />3.00% <br />General Fund <br />$1,043.82 <br />$1,080.45 <br />$36.63 <br />3.51% <br />Land Acquisition Bond 2024 <br />$18.80 <br />$18.58 <br />($0.22) <br />(1.17)% <br />Subtotal - Indian River Shores <br />$1,062.62 <br />$1,099.03 <br />$36.41 <br />3.43% <br />Emergency Services District <br />$692.38 <br />$716.68 <br />$24.30 <br />3.51 <br />Subtotal -All Other Incorporated Areas <br />$1,755.00 <br />$1,815.71 <br />$60.71 <br />3.46% <br />M.S.T.U. Fund <br />$338.55 <br />$350.44 <br />$11.89 <br />3.51% <br />Total- Unincorporated Area <br />$2,093.55 <br />$2,166.15 <br />$72.601 <br />3.47 °h <br />(l) Based on the average assessed value of all homestead properties in Indian River County as of June 2025. <br />as <br />