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Budget proposals spark heated public debate on tax increases

September 05, 2024 | Charlotte County, Florida


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Budget proposals spark heated public debate on tax increases
During a recent government meeting, officials discussed the proposed budgets and ad valorem tax rates for several municipal service taxing units (MSTUs) in Charlotte County. The Minnesota Key Street and Drainage Unit is set to see a proposed ad valorem tax of 0.7798 mills, reflecting a 25.39% increase over the rollback rate of 0.6219 mills. The total budget for this unit is projected at $2,403,323.

For the Charlotte County MSTU dedicated to law enforcement, the proposed tax rate is 2.1449 mills, which represents a 1.67% increase from the rollback rate of 2.1097 mills. This unit's total proposed budget stands at $142,980,410.

Additionally, the Sand Hill Municipal Service Taxing Unit is proposing an ad valorem tax of 0.7062 mills, marking a 16.90% increase over the corrected rollback rate of 0.6041 mills. The total budget for Sand Hill is estimated at $1,284,630.

The subtotal for all MSTUs for the proposed fiscal year 2024-2025 budget amounts to $185,623,981. Following the budget discussions, the meeting opened a public hearing segment, allowing community members to voice their opinions on the proposed tax rates and budgets. Each speaker was allotted five minutes to present their views.

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