6.07 millage rate approved

September 28, 2010 Leave a comment

This millage rate is higher than last year’s rate.  The vote was 3-2 with Kerdyk and Cabrera “no”.

Many people will pay more than last year with this higher millage rate.  This is less than the so-called roll back rate of 6.17 that the majority of the commission wanted to approve. (The roll back rate gives the city the same revenue as last year–this assumes that last year’s revenue was the “right” amount: it was way too high for some.)

Filed under Coral Gables

Unknown's avatarAbout Stephen E. McGaughey
Resident of the City of Coral Gables; Formerly with Inter-American Development Bank, Senior Environmental Project and Policy Leaders, Agricultural Economics, Forest Sector Projects and Policies, Country Representative Financing in El Salvador and the Dominican Republic

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