Fernandina Beach eyes increased revenues in new budget

It’s budget time for the city of Fernandina Beach, and while there are workshops and an entire millage meeting to come, City Commissioners got to work on a proposed budget from city staff that would hold the millage rate constant, but which would lead to increased revenue for the city.

"The proposed budget is based on maintaining the exact same millage rate of this year, which is 5.3330 mills,” City Manager Dale Martin said. “Under Florida state statutes, the proposed operating millage rate of 5.3330 generates revenues that exceed revenues generated by the ‘rollback rate,’ which the rollback rate is 4.7709,

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