Statement regarding the percentage increase in Millage over the rolled-back rate necessary to fund the budget and the specific purpose for which ad valorem tax revenues are being increased.

RESOLUTION ADOPTING THE FINAL OPERATING MILLAGE FOR FISCAL YEAR 2016/2017 – RESOLUTION 2016-101 ADOPTING THE FINAL LEVY OF AD VALOREM TAXES FOR OPERATING EXPENSES AND THE FINAL LEVY OF AD VALOREM TAXES FOR VOTER APPROVED DEBT FOR THE CITY OF FERNANDINA BEACH, NASSAU COUNTY FOR FISCAL YEAR 2016-2017; AND PROVIDING FOR AN EFFECTIVE DATE. Synopsis: Adopts the final operating millage of 6.0682 mills for the Fiscal Year 2016/2017 Budget and the final voter approved debt millage of .2362 mills for the Fiscal Year 2016/2017 Budget.

RESOLUTION ADOPTING FINAL BUDGET FOR FY 2016/2017 RESOLUTION 2016-102 ADOPTING THE FINAL BUDGET FOR THE 2016-2017 FISCAL YEAR, INCLUDING THE FIVE YEAR CAPITAL IMPROVEMENT PLAN, PROVIDING FOR SEVERABILITY, AND PROVIDING FOR AN EFFECTIVE DATE. Synopsis: Public Hearing adopting the final budget for 2016/2017 Fiscal Year.