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Date of Issue: September 10, 2008

Bradenton Beach budget hearing Sept. 10

The Bradenton Beach City Commission will hold a hearing on the proposed millage rate and budget for 2008-09 at 7 p.m. Sept. 10 at city hall, 107 Gulf Drive N.

A second and final hearing will take place at 7 p.m. Sept. 24.

The proposed budget is $3,567,182.43 compared to the 2007-08 budget of $3,688,748.99 and contains no raises for city employees.

Earlier this summer, the commission voted to set the maximum millage rate at 2.1539 compared to the 2007-08 rate of 2.2579. A mill is $1 for every $1,000 of assessed value of property less any exemptions. This rate can be lowered through the adoption of the budget at the public hearing, but it cannot be raised.

Based on that rate, for a house valued at $525,000 in Bradenton Beach, minus $25,000 homestead, the property tax bill from the city for the next year would be $1,076.95.

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