The Macclenny City Commission will convene at 6 pm September 26 at City Hall, 118 E. Macclenny Ave., to grant final approval to the 2011-12 budget of $7.3 million, though only $744,618 of the budget’s revenue is expected from the proposed 3.60 property tax, or millage, rate.
The rate is unchanged from the current year and will mean a more than $20,000 loss in revenue due to falling property values.
Under the proposed rate, which equals $3.60 per $1000 of taxable property value, a property with a taxable value of $100,000 would pay $360 in city property taxes, in addition to levies of the county, school district, hospital authority and water management district.
The public has largely avoided attending the city and county budget hearings in recent weeks, so the city commission hearing isn’t expected to last more than a few minutes.
The board will consider the proposed budget, tax rate and the hiring of Parrish & Associates Inc. to administer the city’s CDBG housing rehabilitation grant.