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Gainesville council approves keeping tax rate stable

POSTED: June 4, 2014 12:25 a.m.

Gainesville City Council voted without dissent Tuesday to keep the tax rate at $3.06 per $1,000 of taxable property.

Councilman Bob Hamrick was absent.

Of that total, $1.77 will be used to fund general government expenses, including administration and public safety. Parks and recreation operations will be supported with $0.79 while government debt will be paid with $0.50.

The council also approved the tax rate for the Gainesville Board of Education, which will remain fixed at $7.59 per $1,000 of taxable property.

Second readings of both ordinances to set the rates will be heard at the next council meeting, June 17.

Any rollback of the tax rate resulting from property value reassessments undertaken by the county this year, which primarily impact lakefront homeowners, will not occur until the full tax digest is revealed in September. City officials said any change to the tax rate would likely be insignificant.

Meanwhile, there was no public comment following a brief budget presentation by City Manager Kip Padgett.

The council is set to approve the $30.3 million budget June 17.


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