Proposed tax rate: $4.50 per $1,000 of taxable property value* (does not include proposed $3.46 per $1,000 Palm Beach County Fire-Rescue tax now billed directly to homeowners)
2009-10 tax rate: $7.65 per $1,000 of taxable property value.
Change in property value: 14.6 percent decrease
Total Budget (Operating and Capital): $1.9 million
Total proposed cuts/savings: reduction of $104,000**
What’s at stake: Reduction of one police officer; no cost-of-living or merit raises; $175,000 for town’s share of environmental impact study for breakwater project
Quote: “This town has been allowed to spend, spend, spend like drunken sailors.” — Mayor Martin Millar
Public hearings: 6:30 p.m., Sept. 13 and Sept. 21
*Tax rate may be lowered, but not raised at the September hearings.
** Does not reflect any changes made at Sept. 1 budget workshop that was scheduled after publication deadline.
NOTE: Percentage of property value decrease as per Palm Beach County Preliminary Tax Roll Comparison, July 1, 2010.