Skip to main content
News
Longboat Key Thursday, Sep. 20, 2018 8 months ago

Longboat passes budget with no increase in tax rate

Share
Commissioners will take a final vote for approval on Sept. 24.
by: Suzanne Elliott Staff Writer

Longboat Key property owners won’t see their tax rates go up when commissioners pass the town’s final budget Sept. 24.

Commissioners approved the tentative $16.46 million budget at its Sept. 11 meeting that includes a 2.1144 millage rate, the same as last year’s. Increasing property values, however, are expected to boost town income by $461,129.

Since adopting a recommended budget in August, the town has decreased projected expenses for next year’s budget by $87,628. Cost-saving moves made by the town included the elimination of the assistant manager’s position and formation of a support-services department, giving the town manager’s office a projected budget surplus of $158,000. Other departments with anticipated surpluses include legal, $138,000; general services, $143,000; Police, $75,000; and Town Clerk, $26,000.

“We’re increasing our savings,” Town Manager Tom Harmer said.

The other significant change to next year’s proposed spending plan was doubling the town’s red tide contingency fund from $50,000 to $100,000. The town has spent more than $40,000 cleaning its beaches and canals since early August when large numbers of dead fish started appearing in local waters.

Commissioners will hold a second public hearing on next year’s spending plan at 5:01 p.m. Sept. 24. Action on a final budget will follow.

 

 

 

 

 

 

 

 

Related Stories

Advertisement