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EDGEWATER (VOLUSIA COUNTY) · LOCALlocal legislationAgenda Ready

Local Impact

Proposed Property Tax Rate for Park Debt (2025-2026)

Original title: Resolution 2025-R-19 Tentative Edgewater I & S 2016 Voted Debt Service Millage Rate for the GO for Parks for Fiscal Year 2025-2026

Record date · September 8, 2025

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What This Bill Does

This resolution proposes the tentative property tax rate () for the City of Edgewater to pay off debt related to the 2016 s for parks for the 2025-2026 fiscal year.

Why it matters

This resolution sets the specific property tax rate residents will pay to fund the repayment of the 2016 park bonds, directly impacting the total property tax bill for all property owners in Edgewater for the upcoming fiscal year.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Edgewater Property Owners

Property owners are responsible for paying the tax rate set by this resolution as part of their annual property tax bill.

Key Facts

The resolution establishes a tentative millage rate for the 2016 Voted Debt Service for parks.
The tax rate applies to the 2025-2026 fiscal year.
The debt service is specifically tied to the 2016 General Obligation (GO) bonds for parks.
The resolution is currently in 'Agenda Ready' status.

Frequently Asked Questions

What is a millage rate?

A is the tax rate used to calculate property taxes; one mill equals $1 of tax for every $1,000 of assessed property value.

What are these taxes used for?

These specific taxes are used to pay off the debt incurred from the 2016 General Obligation bonds, which were issued to fund city park projects.

What else do you want to know?

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Full breakdown

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Discoveries

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policy shift90% confidence

Annual Debt Adjustment

The document confirms the city continues to manage the 2016 park bond debt through annual millage rate adjustments.

City of Edgewater

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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