Tampa City Council agrees to millage rate increase, albeit a lower one than originally proposed

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.