(Click “Like” to become a fan of the Palm Coast Observer.)
The Flagler County Board of County Commissioners agreed by consensus Monday morning, June 9, to raise the millage rate by .4, to help bridge Flagler’s $4.6 million projected budget shortfall in the coming fiscal year.
“Some people will realize that (increase), some won’t,” Coffey told the board. “There will be winners and losers, depending on (property) valuation.”
Owners of homes assessed at $150,000 will see an annual tax increase of about $40 with the new rate. Homes assessed at $200,000 will see a change of about $60.
But even with the increase, which is meant to help bring in about the same in revenue as the county did this year, the commission will enter next year’s budget season with a similar shortfall at its bottom line. Under the tentatively approved plan, Coffey projects the general fund will show a $2.8 million gap at the start of the 2013 budget season, assuming no changes, like further drops to property value or spikes in gas prices.
Flagler currently has the 54th lowest millage in all of Florida’s 67 counties.
Coffey will include a tentative and draft millage item on board’s regular meeting agenda Monday, July 1, for first approval.
See the Wednesday, June 11, edition of the Palm Coast Observer for more.
Currently 1 Response
- The premise of your tax increase is correct, but you are assuming that each house has homestead exemption. Without that reduction the $150,000 assessed house will realize a $60 increase and the $200,000 will get a $80 increase. Your figures assume homesteading.
21 Afro-American Caribbean Heritage Organization Meeting
21 Tea Party Meeting
21 Palm Coast Digital Society Meeting
21 Marine Corps Meeting
Premier: Rotary of Flagler County gets thumbs up
Also, Club President Rick Staly was recognized with a "Well Done" Award.
Friends of A1A produce videos to promote cycling and safety along the coastal byway
The Friends of A1A has produced six new videos designed to attract more cycling visitors to the 72-mile Scenic & Historic A1A Coastal Byway that travels through St. Johns and Flagler counties. Also, AAUW awards scholarships and loggerheads have arrived.
Palm Coast offers summer recreation, tennis, golf camps for children, teens
The city of Palm Coast is planning a summer of fun and recreation for children and teens through its summer camp at Parks & Recreation, as well as summer golf and tennis camps.