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May 29 - legislature approved a $114.5 billion state budget…
Major allocations include K-12 Education ($21 B), Higher Education ($9.9 B), Healthcare spending ($49.2 B), environmental projects ($2.5 B), and Budget Reserves ($17 B).
June 1-2 Special Session….Legislature adoptes measure for property tax relief Constitutional amendment….provides incremental increases of homestead exemption from $50,000 to $250,000 then $500,000
County CFO Ryan Ossowski told Council that Legislature’s property‑tax changes — including a lower the non‑homestead assessment cap and adding new supermajority voting rules for certain millage increases — could significantly reduce County revenue starting in 2027 if voters approve the amendment…..warned the cuts could create a $92.8 million shortfall by 2028
City Meetings Update…..
June 3 - DB City Commission
June 1 - Deltona City Commission appointed Davison Heriot as the City’s representative to Team Volusia’s Executive Committee and Board of Directors
June 1 - Deland City Commission addressed several grant applications related to infrastructure at the Deland Airport
June 1 - Edgewater City Council
June 3 – DeBary City Council hired a consulting firm to prepare Non-Ad Valorem Fire Assessment Rate Study for the City
June 9 – Orange City Council will conduct a workshop regarding concept a Fire Assessment Fee….
June 2 - County Council….
This week in Congress…
New Chair of Federal Reserve Bd Kevin Warsh’s first policy meeting will be June 16–17…… fed funds rate is currently 3.50%–3.75% Will they raise or pause or lower interest rates?
Community Commentator John Nicholson discusses……
By jimtaMay 29 - legislature approved a $114.5 billion state budget…
Major allocations include K-12 Education ($21 B), Higher Education ($9.9 B), Healthcare spending ($49.2 B), environmental projects ($2.5 B), and Budget Reserves ($17 B).
June 1-2 Special Session….Legislature adoptes measure for property tax relief Constitutional amendment….provides incremental increases of homestead exemption from $50,000 to $250,000 then $500,000
County CFO Ryan Ossowski told Council that Legislature’s property‑tax changes — including a lower the non‑homestead assessment cap and adding new supermajority voting rules for certain millage increases — could significantly reduce County revenue starting in 2027 if voters approve the amendment…..warned the cuts could create a $92.8 million shortfall by 2028
City Meetings Update…..
June 3 - DB City Commission
June 1 - Deltona City Commission appointed Davison Heriot as the City’s representative to Team Volusia’s Executive Committee and Board of Directors
June 1 - Deland City Commission addressed several grant applications related to infrastructure at the Deland Airport
June 1 - Edgewater City Council
June 3 – DeBary City Council hired a consulting firm to prepare Non-Ad Valorem Fire Assessment Rate Study for the City
June 9 – Orange City Council will conduct a workshop regarding concept a Fire Assessment Fee….
June 2 - County Council….
This week in Congress…
New Chair of Federal Reserve Bd Kevin Warsh’s first policy meeting will be June 16–17…… fed funds rate is currently 3.50%–3.75% Will they raise or pause or lower interest rates?
Community Commentator John Nicholson discusses……