2009-10 tax rate: $10 per $1,000 taxable property value
Change in property value: 6.3 percent decrease
Total Budget (Operating and Capital): $740,000
Total proposed cuts/savings: Would stay the same. Income to the town is down, but officials say they’ll manage in the coming year because they are saving money by switching police protection from Boynton Beach to Ocean Ridge.
What’s at stake: Most budget shortfall made up by reduction in cost of police protection with Ocean Ridge contract. Also expect to reduce attorney’s fees with completion of the Evaluation and Appraisal Report for the comprehensive plan.
Quote: “This budget looks very good — we are not in the hole.” — Alderman Pete Fingerhut
Public hearings: 5:01 p.m., Sept. 21 and Sept. 28.
*Tax rate may be lowered, but not raised at the September hearings.
NOTE: Percentage of property value decrease as per Palm Beach County Preliminary Tax Roll Comparison, July 1, 2010.
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