Where is this vaunted response to the 26% tax increase? It's getting late and I have to go to bed after the Series.
Here you go plus more.
The Millage rate in 2013-2014 was .1379 mills The Millage rate for 2014-2015 is .1628 mills That is a
18.05 % increase not a
26% tax increase Some additional data. These are the 'Taxable Property Values" for the past 6 years
Taxable Values Millage Rate Change
2009 - 14.755 Billion .0998 2010 - 12.457 Billion .0986 -2.298 Billion
2011 - 10,028 Billion .1138 -2.429
Billion 2012 - 9.587 Billion .1138 - .5 Billion
2013 - 9.582 Billion .1138 -.005 Billion
2014 - 10.086 Billion .1379 +.504 Billion
2015 - 11,109 Billion .1628 + 1.023 Billion
As you can see the values we could use for application of a millage rate to fund the budget DROPPED by
24.8 % or 3.646 Billion Dollars.
We did not believe it advisable to raise the millage rate during the worst economic downturn since the great depression.
Reserves are called "reserves" for a reason. They are there to cover major downturns or events.
We had adequate reserves to fund that reduction for 4 years without dropping below the 3 month reserve minimum. At a point in time we were forced to raise the millage to prevent dropping our reserves and then in April we suffered a "rain event" that cause a loss of our building. It had to be repaired and we raised your millage rate.
I Think that checks off another misleading or misunderstood position published far and wide. Not spitting in you face or peeing on your leg.
I can read a balance sheet.
These are a couple of Millage rates for you to compare. [h=2]DEFINITION OF 'MILL RATE'[/h]
The amount of tax payable per dollar of the assessed value of a property. The mill rate is based on "mills"; as each mill is one-thousandth of a currency unit, one mill is equivalent to one-tenth of a cent or $0.001. Property tax in dollar terms is calculated by multiplying the assessed property value and the mill rate and dividing by 1,000. As a property may be subject to tax by a number of different authorities, mill rates are set by each taxing authority so as to meet the revenue needs in their budgets. North Walton Mosquito Control
.4912 mills or 301% Higher than SWCMCD
Beach Mosquito in Panama City Beach .1438 and they didn't have a
$300K +/- building loss