2015-16 Budget Breakdown

Longboat Key Town Manager Dave Bullock proposes using $389,675 of general fund balance in fiscal year 2015-16 to keep the millage rate flat.

The recommended budget calls for a general fund of $16,324,777, an increase of 8.4%, or $1,265,511 over the previous year’s general fund budget of $15,058,716.

Total proposed budgeted expenditures, excluding capital outlay, are $15,600,438, an increase of $761,722, or 5.13% more than the fiscal year 2014-15 adopted budget. 

The Longboat Key Town Commission will approve the budget on second reading at a special meeting 5:01 p.m. Sept. 28.