By Rich Pollack
Highland Beach residents are likely to see a slight increase in the taxes they pay for municipal services when they receive their tax bills this month.
The Town Commission last month finalized an operating tax rate of $3.12 per $1,000 of assessed property value, slightly higher than last year’s rate of $3.07 per $1,000 of assessed value.
Residents will also pay about 60 cents per $1,000 of assessed value to pay for debt service.
This year’s budget for the general fund, used for day-to-day operations, is $12.3 million, down from $13.6 million last year.
The tax rate increase and the use of close to $700,000 in reserve funds are due, commissioners have said, in part to a significant increase in the fee the town pays Delray Beach for fire service.
This year, Highland Beach has budgeted $4.28 million to pay for fire service from Delray Beach, up from an estimated $3.91 million last year.
Residents can view the complete budget on the town’s website at www.highlandbeach.us, clicking on “Government” at the top of the home page and then clicking on “Finance Department.”