Jul. 2—During the first of many
One mill is equal to
At the proposed rate, the owner of a
This year would be the fifth consecutive year the county has decreased the millage rate as property values generally rise. The proposed millage rate is still expected to generate more revenue for the county because property values are rising more rapidly.
"Thanks to our prudent and responsible financial planning, we can implement this decision while continuing to provide the same level of excellent programs and services," Lieberman said.
The commission will set its tentative millage rates at its
The county's property values are expected to rise for the seventh straight year, though an official assessment from the property appraiser's office is not yet available. Preliminary values from 2020 showed an increase of 6.5% compared with property values in 2019.
County budget officials expect another increase of more than 6% in the 2021 evaluation.
Most residential property owners are protected by the homestead exemption that caps increases in tax bills at 3% per year.
Fiscal year 2022, which begins in October and runs through
Long-term goals include reducing the jail population, reducing poverty through diverse economic opportunities and addressing backlogs in road repairs.
(c)2021 The Gainesville Sun, Fla.
Visit The Gainesville Sun, Fla. at www.gainesville.com
Distributed by Tribune Content Agency, LLC.