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County Commission Chairman Joe Meek was hopeful Wednesday that the county could balance its budget without making cuts amounting to $1.4 million or raising the $1.4 million through a franchise fee.
After a special budget meeting Tuesday, the Citrus County Board of County Commissioners (BOCC) was offered the choices of setting a millage rate of 8.1739 mills and still needing a source of $1.4 million or setting the millage at 8.3050 mills, which would balance the budget. The shortage was calculated based on Duke Energy claiming a property valuation of $900 million in 2013.
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