Port Orange, FL- City Council in Port Orange says the city will have to raise the current millage rate if they want to keep growing. A move to establish a new proposed millage rate was approved 3-2 during a Tuesday night meeting. City Information Officer Kent Donahue said the proposed rate is the high-end limit of what could happen and the number could change.
Donahue said that the maximum rate 4.5288. That's 9.05 % more than the current roll-back rate. Under the proposal, the owner of a $150,000 house with a $50,000 homestead exemption would pay $453 in city taxes, about $14 more than under the current rate.
The proposed rate is not a done deal by any means. Donahue said there will be at least one budget workshop before the first public hearing on the ordinance on Tuesday, September 6. The millage rate and budget are on the schedule for approval on September 20. The rate can be lowered but not increased above the amount set at last night's meeting.
The money raised from a new millage rate could be used for a $47,000 homeless initiative proposed last year and personnel to staff Riverwalk parks.
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