The village council has set a tentative property tax rate slightly higher than the current rate, yet that increase would bring Wellington $1 million less in revenue next fiscal year.
With a 4-1 vote, the council Tuesday set a rate of $2.63 for every $1,000 of taxable property value, up from $2.50, an increase of 5.2 percent. Councilman Howard Coates dissented.
At final adoption, the council can lower the proposed tax rate but not raise it any higher.
The tentative rate would support a proposed a $75.3 million spending plan for next fiscal year, down about 9 percent from $82.9 million this year.
Replica Cartier Ballon Bleu/Tank WatchesPublic hearings for final adoption of the tax rate and budget are scheduled in September.
cheap_Gucci Abbey_shop_usa_uk_47Only one member of the public addressed the tax rate.
Leslie Boatman of the Realtors Association of the Palm Beaches asked the village to maintain the $2.50 rate.
Vice Mayor Matt Willhite defended the $2.63 tentative rate, saying he believes residents don't want cuts in the village's level of service and pointed to a newly released Money magazine ranking of the best 100 places to live in the nation, which placed Wellington at 72.
Also, the council unanimously approved a 7.5 percent rate hike in sewer and water utility rates next fiscal year. No one addressed the increase.
Wellington already increased its utility rates 7.5 percent in September, after having maintained the rates since the mid-1990s.
replicaSome of the work the increase will help pay for includes rehabilitating 49 of the utility system's 102 lift stations in the next 10 years, installing reverse osmosis filter covers and replacing piping and electrical conduits.
"This is not a revenue-generating increase," Willhite said. "This is something to start funding things for the future."
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