Crestview City Council OKs tentative tax rise

Published: Monday, July 8, 2013 at 09:39 PM.

CRESTVIEW — Emphasizing several times that it can be lowered during budget discussions, the City Council has voted to set a tentative millage rate of 5.8466.

The .25 percent increase will give the council leeway to produce a 2013-14 fiscal year budget that maintains services demanded by residents without becoming encumbered by a too-low tentative millage.

During the 3-1 vote Monday evening, Councilman Thomas Gordon voted "nay." Council President Robyn Helt was absent. Vice president Mickey Rytman conducted the meeting.

The increase from the current 5.5966 millage rate would provide an estimated $5,380,692 in revenue, a $218,574 increase over the current fiscal year, according to figures provided by Finance Director Patti Beebe.

By law, once a tentative millage rate is established, it can be reduced. However, it can only be increased after an expensive process of paying the county property appraiser to send out revised Truth in Millage, or TRIM, notices, as state statute requires.

The tentative millage rate discussion followed a report by the city's accountants, Carr, Riggs and Ingram, which stated Crestview's governmental operations had a $1.5 million deficit in the 2012 fiscal year.

The council promised a thorough revue of each department's proposed budget during the budgeting process in hopes of decreasing the tentative millage rate.



1 2
Next

Reader comments posted to this article may be published in our print edition. All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

COMMENTS
▲ Return to Top
 

Local Faves