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Tax Rate

Property tax rate expected to hold steady in Pinellas for the coming year

in The Bay and the 'Burg/Top Headlines by

Pinellas County commissioners agreed Thursday to hold property tax rates steady for the upcoming 2016-17 fiscal year. The agreement, made during a workshop, is not official. Commissioners will have to vote twice to finalize the tax rate for the fiscal year that begins Oct. 1. However, once they give the tax rate preliminary approval, it cannot be increased before the final vote. Commissioners could decrease the rate, but not increase it. Under the agreement, the property tax rate would remain…

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Pinellas County School Board passes tentative tax rate for upcoming fiscal year

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Pinellas County School Board members unanimously approved a tentative tax rate Tuesday that is a slight decrease from the current rate. The proposed rate is about $7.32 per thousand dollars of assessed, taxable property value. That’s about 5.8 percent less than the current overall rate of about $7.77 for school property taxes. The reduced rate means a homeowner with a home assessed at $150,000 with a $25,000 homestead exemption would pay about $915 in property taxes for Pinellas schools next…

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SWIFTMUD adopts tax rate for coming fiscal year

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The Southwest Florida Water Management District has adopted a tax rate for the 2016-17 fiscal year that’s about 4.9 percent lower than the current rate. The proposed rate for the new fiscal year, which begins Oct. 1, is about 33 cents per thousand dollars of assessed, taxable value. The current SWIFTMUD tax rate is about 35 cents per thousand dollars of assessed, taxable value. For the owner of a $150,000 home with a $50,000 homestead exemption, the district tax would be…

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St. Pete’s proposed budget includes millions for stormwater system improvements

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St. Petersburg’s tax rate would drop a bit, water and sewer rates would go up, and spending on the stormwater system would increase under Mayor Rick Kriseman’s proposed budget for the 2016-17 fiscal year. Kriseman’s recommended budget, released Thursday, totals about $507.7 million. That’s an increase of about $2.1 million, or 0.41 percent, over the current operating budget. The mayor noted that the city’s public works department, which includes the water and sewer enterprise funds, is about $28.9 percent of…

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