Century Approves Lower Budget, Higher Property Tax

September 11, 2018

The Century Town Council gave preliminary approval Monday night to a $3.43 million budget for the next fiscal year and a property tax higher than the rollback rate.

The budget is $1.17 million lower than the town’s previous year budget.

The council also approved a tentative millage rate of .9204, which a 7.3 percent increase over the rollback rate of 0.8578.  The rollback rate is the tax rate that would generate the same amount of property tax revenue as approved for the prior year.

Before becoming final, the 2018-2019 Century budget faces another public hearing on Monday, September 17 at 5:01  p.m.,  prior to a regular council meeting at 7:00.

NorthEscambia.com photo, click to enlarge.

Comments

8 Responses to “Century Approves Lower Budget, Higher Property Tax”

  1. Sam on September 12th, 2018 6:39 am

    Looks like the town of century is taking notiice of how to fleece the public from the feds. If you can’t fund the budget because of your incompetence, raise taxes. So typical. I thought WE had to vote on a tax increase.

  2. Resident on September 11th, 2018 11:10 pm

    I may be missing something, but according to Sec. 1.03. – Power to Levy Taxes, of Century’s Code of Ordinances, “There shall be no additional ad valorem tax levied on the citizens of the town above and beyond the ad valorem tax rate in effect on the effective date of this charter unless and until any increase recommended by the town council has been approved by the majority of the qualified electors of the town in a referendum called for such purpose.” So, is this or any other property tax increase valid without a referendum?

  3. IMHO on September 11th, 2018 11:10 pm

    Good grief Charlie Brown

  4. Willis on September 11th, 2018 3:32 pm

    So where do paychecks get paid from if not the taxes collected by the City.

    WHAT DID YOU RETIRE FROM ?

  5. Just Another Citizen on September 11th, 2018 2:58 pm

    Does anyone on the council or the mayor ever read the charter? Try it people you may learn something.

  6. retired on September 11th, 2018 2:55 pm

    @stumpkocker——-I CAN TELL YOU IT DOESN’T COVER PAY CHECKS

  7. Stumpkocker on September 11th, 2018 10:54 am

    Just wondering on the taxes Century citizens pay, what all dose that cover , school, fire,ems etc……

  8. Citizen on September 11th, 2018 4:19 am

    The charter says prior to raising property tax it has to go to a referendum.

Written by William Reynolds · Filed Under News