Thursday, June 21, 2012

Hallandale proposes same property tax rate, increased fire fees

City commissioners voted Wednesday to keep the tentative property tax rate the same as last year but to increase fire fees by $20.

The proposed tax rate for city operations for 2012 is 5.9, same as in 2011.

That means that for every $100,000 in property value, residents would pay $590 in taxes. That would be in addition to property taxes dedicated to the school board and county commission.

The city's revenue from property taxes in 2012 is estimated at $3,635,965,605, compared with $3,517,506,065 in 2011, an increase of 3.37 percent.

At the 5.9 millage rate, the city would see an increase of $698,911 in tax revenue from last year.
City staff had recommended raising the proposed tax rate to 6.5.

Commissioners also voted to raise the city's fire fee from $125 to $145. The tentative increase would bring an additional $910,040 into the city's coffers.

Public budget hearings will be held Sept. 12 and 24.

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