PALMETTO -- At Monday's meeting, the City Of Palmetto adopted resolution 2013-26, approving the tentative levying of Ad Valorem taxes and resolution 2013-27, approving a tentative budget, both for fiscal year 2014.
The Manatee County Property Appraiser certified the gross taxable value for the City of Palmetto as $654,625,857. The fiscal year 2014 operating millage was approved at 5.7171, which is 9.92 percent greater than the rolled back rate of 5.2010.
The General Fund expenses come to $9,451,737, which include funds for the mayor, the commission, the police and all other departments.
The CRA fund will receive $3,589,190; road and bridges: $1,341,442; solid waste: $2,102,786; and water and sewer $5,059,486.
The City of Palmetto has no voted debt service millage.
Both Resolutions shall take effect immediately upon their adoption.
No comments on this item
Only paid subscribers can comment
Please log in to comment by clicking here.