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Agenda Item
1. #O1758 SECOND READING of Temp. Ord. #O1758 establishing and adopting the City of Miramar Ad Valorem Tax Operating Millage Levy Rate at 7.1172 Mills, or $7.1172 per thousand dollars of taxable assessed property value for the 2020 Tax Year, which is 5.13% greater than the rolled-back rate of 6.7698 Mills; providing for conflicts; and providing for an effective date. (Passed 1st Reading on 09/15/20) (Chief Budget Officer Norman Mason)
I understand the city needing an increase, but a 5.13% increase seems high. Then national cost of living is 3.3%. Is there anyway to not exceed a 3.3% increase?
I understand the city needing an increase, but a 5.13% increase seems high. Then national cost of living is 3.3%. Is there anyway to not exceed a 3.3% increase?