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Budget CalendarBudget Calendar Fiscal Year 2020/2021 March – May Department prepare departmental budgets June - July City Manager meets with Departments to provide final direction and finalize department budgets June 1 Receipt of early “Estimate of Taxable Values” from Duval County July 1 Receipt of Preliminary Taxable Values from Duval County (these figures are used in budget). TRIM Calendar begins. July 23 First Budget Workshop held with City Commission July 27 City Commission sets preliminary millage rate July 30 Second Budget Workshop held with City Commission August 4 Certified forms DR420 and DR420 MMP which identifies preliminary millage rate, sent back to Property Appraiser August 24 Last day Property Appraiser can sent our TRIM notices to property owners August 6 Third Budget Workshop held with City Commission (if needed) September 14 First public hearing on Operating Budget September 24 Required Advertisements prior to second public hearing September 28 Final public hearing on Annual Budget and Resolution to Millage Rate October 1 Fiscal Year 2021 begins Prior to October 27 TRIM Compliance Package due to the Department of Revenue