Jacksonville Beach property owners could see a lower millage rate than last year, but the proposed rate of 3.7947 is still 3 percent more than the rolled back rate.
The proposed tax rate is included in a proposed budget and business plan for the upcoming fiscal year that begins Oct. 1. The $158 million budget includes $20 million for the general fund, which is slightly more than the current year. The proposed budget commits $350,000 in funding to major building maintenance, got course maintenance and information technology improvements, according to the city manager.
The rollback rate of 3.6838 reflects the millage levy that would generate the same amount of property tax revenue for the city as last year, given increases in assessed value. A mill is equal to $1 for every $1,000 in taxable value. The city’s tax values went up 8 percent over last year with new construction of $55.7 million accounting for 24 percent of the increase.
City Councilors will review budget priorities during a tour Friday at 1:30 p.m. The tour begins at city hall and is open to the public. Budget workshops will be held Aug. 1 from 4 to 6 p.m. at city hall to review planning, finance, redevelopment and human resources. On Aug. 2, the police and fire budgets will be reviewed from 5 to 7 p.m. On Aug. 8 from 5 to 7 p.m. the public works budget will be presented and the next day, at the same time, the budgets for parks and Beaches Energy Services will be discussed.