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

2. Presentation by the Budget Review Committee.

3. Presentation by the Budget Officer.

4. Resolution of the City of Daytona Beach adopting an ad valorum property tax 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.

5. Resolution adopting the 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 $ 27,189,319.

Fred Coulter, Budget Officer, to report.

Recommendation:  City Manager recommends adoption of the Resolutions.

Action:  Motion to adopt the Resolutions.