Jupiter Inlet Colony staff preview budget, keep millage at 5.56
Town staff presented a mid-cycle budget review showing an estimated taxable value of $730 million, total revenues near $4.4 million and that about 89% of revenue comes from property taxes; hearings are set for September.
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Town staff outlined the town’s budget schedule and revenue picture, telling the commission that the town’s estimated taxable value is $730,000,000 and that ad valorem taxes account for about 89% of revenue. "Our estimated taxable value is 730,000,000," the presenter said while walking commissioners through the revenue slides.
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