1. PUBLIC HEARING - Members of the general public may speak on the proposed millage rate and the FY 2017-2018 budget.

2. Resolution of the City of Daytona Beach adopting an ad valorum property tax tentative millage rate of 6.3333 ($6.3333 per $1,000 of assessed taxable value). This is a 4.04% reduction from the rate utilized in the Notice of Proposed Property Taxes and a 3.00% tax increase from the rolled back rate of 6.1488; and a voted debt service tentative millage rate of 0.3389 ($0.3389 per $1,000 of assessed taxable value) which is a 9.12% reduction from the current tax rate.

3. Resolution adopting the tentative Budget for the fiscal year October 1, 2017, to September 30, 2018; prescribing estimated Revenue Sources of $ 227,189,319, and setting forth Operating Expenditures, Capital Expenditures, and Transfers of $ 227,189,319.

Fred Coulter, Budget Officer, to report.

Recommendation:  City Manager recommends adoption of the Resolutions.

Action:  Motion to adopt the Resolutions and set the second Public Hearing as September 20, 2017.