Mayor Bryant

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Oct 05

Budget FY 2021 Allows for Continued Improvements

Posted on October 5, 2020 at 10:04 AM by Penny Johnston

The City has finalized the budget for the upcoming year.  The City Commission approved a $33 million budget for the new fiscal year beginning October 1, 2020.  Property taxes will remain at 5.9671 per $1,000 of taxable value, which we have maintained for six years.  In addition, the property assessed values increased by approximately 7% over FY20.   This year’s budget includes enhancements to Martin Luther King, Jr. Park, the Palmetto Historical Park, and replacement of patrol vehicles and utilities equipment. 

The City looks forward to the upcoming year with the completion of the Equalization Basin at the Waste Water Treatment Plant and the start of construction of the new Police Department in 2021. The City was successful in receiving grant funding from the Florida Department of Economic Opportunity for the construction of the 7th Street extension to serve the new hotel scheduled to be built along Haben Blvd.