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Staff says current 5.9604 tax rate would generate about $36 million for Homestead City

5519819 · July 30, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A staff member told the council that keeping the city's tax rate at 5.9604 would yield roughly $36 million in property tax revenue, with about $32 million earmarked for the general fund and $3.8 million for "CRM." No vote or motion appears in the transcript excerpt.

A staff member, identified only as a staff member, told the Homestead City Council that keeping the city's tax rate at the current 5.9604 would generate about $36,000,000 in property tax revenue citywide.

"Same as the current, which is 5.9604. And…

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