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Palm Coast Wednesday, Aug. 1, 2018 1 year ago

City sets maximum millage rate: $4.70 per $1,000

The current rate is $4.5937 per $1,000 in taxable value.
by: Jonathan Simmons News Editor

In a meeting July 31, the Palm Coast City Council voted 3-0 to approve a maximum millage rate of $4.7 per $1,000 of taxable value, a slight increase over the current $4.5937. 

Councilwoman Heidi Shipley and Councilman Nick Klufas were not present for the vote. 

Even if the council kept the rate flat at the current $4.5937, that would be an increase, because property values are increasing. But the ultimate rate might be lower than the maximum rate set at the meeting. 

“We’re proposing a little flexibility,” City Manager Jim Landon said before the council vote. “Historically, we always come down from whatever you establish as a maximum at the final budget hearing.” 

The next budget hearing will be Sept. 5, and the final hearing will be Sept. 19. 

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