Budget Adoption Process

Overview

The budgeting process is ongoing throughout the year with the majority of the estimating and forecasting functions beginning in March of each year and the formal adoption taking place in late September. The fiscal year runs from October 1 through September 30.

The budget process and schedule is governed by Florida Statutes 129 and 200. The proposed budget is submitted to the Board of County Commissioners no later than 15 days after certification of assessed values (or July 15, whichever is later) and includes the proposed tax rate based on the net assessed taxable value of all property in the County. The tax millage rate is derived by dividing the tax revenue by the net taxable value of property.

Balance & Changes

The budget, as adopted by the Board of County Commissioners, is an estimate of probable income and expenditures for the ensuing fiscal year, with a program or organizational plan for maintaining a proper balance between actual income and expenditures. In accordance with Florida Statute 129, it controls the levy of taxes and the expenditures of money for all County purposes.

The budget may be amended with Board approval if the amount of revenue changes or the appropriation to a particular program changes. Amendments changing the amount of revenues are controlled by state law for a specific purpose, including, but not limited to, grants, donations, gifts or reimbursement for damages. Amendments of cost categories within a division budget may be made with the approval of the County Administrator.

Important Budget Dates

Key Budget Deadlines

  • May 1 - Submission of budget request to the Board of County Commissioners by the Sheriff, Supervisor of Elections and Clerk of the Circuit Court.
  • June 1 - Submission of budget request to the Florida Department of Revenue by the Property Appraiser.
  • By July 1 - Certification of the County's net taxable value of property by the Property Appraiser.
  • By July 15 (or 15 days after certification, whichever is later) - Submission of proposed budget by the County Administrator to the Board of County Commissioners.
  • July 16 - September 18 - The Board of County Commissioners may hold work sessions on various sections of the County budget.
  • August 1 - Submission of budget request to the Florida Department of Revenue by the Tax Collector and a copy to the Board of County Commissioners.
  • By August 4 (or 35 days after certification, whichever is later) - The Board of County Commissioners must notify the Property Appraiser of the proposed millage rate, rolled-back rate and the date, time and place of the first public hearing.
  • By August 24 - The Property Appraiser mails TRIM (Truth In Millage) Notices, which are notices of proposed property taxes.
  • September 3 - (5:15 p.m., Pasco County Historic Courthouse, Board Room, 37918 Meridian Avenue, Dade City, 33525) - The Board of County Commissioners holds the first of two public hearings to adopt the proposed budget.
  • September 17 - (5:15 p.m., West Pasco Government Center, Board Room, 8731 Citizens Drive, New Port Richey, 34654) - The Board of County Commissioners holds the final public hearing and adopts the budget.
  • October 1 - Effective date of the Pasco County budget.