FY 2025 BUDGET BOOK - Flipbook - Page 13
The City of Eustis millage rate compares to the rest of Lake County as follows:
Table 1:
1.
2.
3.
4.
5.
6.
7.
Eustis
Astatula
Howey-In-The-Hills
Tavares*
Umatilla
Mount Dora
Groveland
Comparative Proposed
7.5810
7.5000
7.5000
7.2500
7.1089
6.6000
5.8000
Tax Rates FY 2024/25
8. Minneola
9. Clermont
10. Mascotte
11. Fruitland Park
12. Lady Lake
13. Leesburg
14. Montverde
5.6000
5.0600
5.0000
3.9134
3.6510
3.4752
2.8300
* Does not include debt service millage
The average Lake County General Fund millage rate is 5.6335, which is 2.27% higher than last year.
However, the average Lake County General Fund millage rate is 9.19%. In accordance with the
City’s financial policies, tax revenues are budgeted at a 95% collection rate.
City Revenues
Total City revenue includes all funding sources and is projected at $67,573,947 (Budget summary,
page 84). The City’s primary revenue sources are derived from Charges for Services, which includes
income from Water and Sewer Service Charges, Stormwater fees, and Ad Valorem or Property Taxes.
Figure 2 provides the breakdown by type for all projected revenues received by the City.
Figure 2:
FY 2024/25 - Total City Budgeted Revenue - $67,573,947
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