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Cocoa council approves 3% rent increase for Portia House tenants; taxes to drop Oct. 1
Summary
Council approved a 3% rent increase for Portia House tenants for FY2025; staff said a local tax change taking effect Oct. 1 will offset the increase so tenants will see a small net decrease.
The City Council voted unanimously on Sept. 9 to approve a 3% rent increase for two tenants at Portia House for FY2025 (agenda item presented as a standard annual adjustment). Miss Sanger, a city staffer, said the county will remove rental taxes beginning Oct. 1, meaning tenants will actually see a slight net rent decrease — "a dollar and change" — despite the 3% increase.
Councilmember Goins moved to approve the increase; Deputy Mayor Weeks seconded the motion and the council voted in favor without opposition. Staff said comparable market rates were reviewed and the Portia House rates remain consistent with local pricing for similar spaces.
The action was procedural and council members described it as a routine adjustment tied to prior practice.
