Meeting Time: April 15, 2025 at 2:00pm EDT
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Agenda Item

6.A) Fiscal Year 2026 Budget Markup

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    Steven Amato at April 11, 2025 at 2:32pm EDT

    The PWC property owners have paid high property taxes over the past 7 FYs. The past 6 PWC budgets generated $255.7M in surpluses(no refunds to residents) & PWC Gov’t total FTEs has ballooned to 5,374 FTEs, 618 new FTEs since FY19, an 11.9% increase in FTEs. 52% of PWC budget revenue is from property owners. Every new FTE is a “must pay bill” based on personnel costs. Property owners want tax relief, drop the FY26 real estate tax rate to .88 & reduce the number of new FY26 FTEs from 130 to 25.