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07/09/2025 (3)
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07/09/2025 (3)
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Last modified
10/20/2025 10:06:20 AM
Creation date
10/20/2025 10:05:10 AM
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Meetings
Meeting Type
Workshop Meeting
Document Type
Minutes
Meeting Date
07/09/2025
Meeting Body
Board of County Commissioners
Subject
Budget Workshop
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Board of County Commissioners Meeting Minutes - Final <br />5. GENERAL FUND <br />July 9, 2025 <br />excluding Constitutional Officers, and Workers' Compensation increased by <br />$1,078,523, excluding Constitutional Officers, accompanied by a <br />recommendation to add 26 full-time positions. Administrator Titkanich <br />discussed tax reform, including a proposed reduction in sales tax, as well as <br />the repeal of the business rent tax and local option sales tax. The estimated <br />impacts to the following funds were anticipated: Optional Sales Tax ($1.5 <br />million) and General and MSTU funds ($383,971). He voiced concern about <br />potential rollbacks and exemptions, particularly regarding a proposed <br />Homestead Exemption. Administrator Titkanich stated that the Office of <br />Management & Budget would report revenue trends at their quarterly <br />meetings and evaluate any necessary budget adjustments. <br />Indian River County, Florida Page 2 <br />
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