South Palm Beach Budget

[Mary Kate Leming]

South Palm Beach Budget
1,868 taxable parcels
                                                                    2010-2011        2011-2012
Tax Rate                                                         $4.3174*        $4.3174*
General Fund Budget                                     $1.88 million                      $1.7  million
General Fund Reserves**                              $2  million                              $2 million
% of Budget                                                    106.3%                              117.6%
Reserves used                                                  $175,000        $58,000

* Tax rate per $1,000 of taxable property value
** Includes $1.3 million designated for beach projects.
NOTE: South Palm Beach residents pay for  Fire-Rescue services at a county  tax rate of $3.46. Total combined tax rate for 2011-2012 is $7.78.