Tampa City Councilman Harry Cohen warned the city’s budget vote Friday will have long-term effects. Cohen’s compromise proposal to have the Council vote on raising the millage rate by 0.475 broke a seven-hour stalemate just after midnight Friday morning on Mayor Bob Buckhorn‘s fiscal year 2018 budget.
Shortly after midnight Friday morning, the Tampa City Council voted 4-3 to raise property taxes for the first in 29 years.
On Thursday morning, Tampa City Council members will hold a budget workshop just hours before they could possibly vote on the first property tax increase in 29 years. Last week, Councilmembers narrowly approved (by a 4-3 vote) to increase the millage rate from $5.73 to $6.33 per $1,000 of assessed property value. That could add $105 to the average homeowner’s tax bill.
With less than two weeks before the new fiscal year begins, Tampa’s City Council voted Monday night to advance a budget raising property taxes for the first time in 29 years. However, the increase would not be as much as originally proposed by Mayor Bob Buckhorn. The Council opted to support the $974.2 budget plan which raises the millage rate from $5.7326 to $6.3326 per $1,000 of assessed value.
The Tampa City Council is scheduled to vote on raising property taxes for the first time in almost three decades next week, but the size of that tax remains unknown less than a month before next year’s budget goes into effect.
Retired judge Dick Greco Jr. says he is still considering running for Tampa mayor in 2019.
It’s been seven years since John Dingfelder had to abruptly leave his Tampa City Council seat after more than seven years of service, and he has the itch to return.