City budget process riding on parallel tracks

City budget process riding on parallel tracks

While Sarasota looks to craft a budget that continues to replenish its storm expense-depleted fund over the next two fiscal years, it also must consider the impact of Amendment 3 if statewide voters approve the property tax reduction referendum this fall.The good news for taxpayers this year is, late Tuesday afternoon, the City Commission set the not-to-exceed citywide millage rate at 3.2730 mills, the same as the current fiscal year. The rate r…