The civic record

Read. Follow. Verify.

INDIAN RIVER COUNTY · LOCALlocal legislationAgenda Ready

Local Impact

Proposed County Budget and Property Tax Rate for 2024

Original title: Proposed millage is 1.1506 and is 7.24% above rolled back rate of 1.0729. The proposed budget is $54,368,135.

Record date · September 11, 2024

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

Public stanceCommunity reactions are separate from the official record and reporting.

What This Bill Does

The Board of County Commissioners is reviewing a proposed budget of $54,368,135 and a property tax of 1.1506. This proposed rate is 7.24% higher than the 'rolled-back' rate, which is the rate that would generate the same amount of tax revenue as the previous year.

Why it matters

Property owners in the county may see a change in their annual tax bill because the proposed exceeds the rate required to maintain the same level of tax revenue as the prior year.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Property owners

Property owners are subject to the proposed millage rate, which determines the amount of property tax owed to the county.

Key Facts

The proposed total county budget is $54,368,135.
The proposed property tax millage rate is 1.1506.
The proposed millage rate is 7.24% higher than the rolled-back rate of 1.0729.
The document status is listed as 'Agenda Ready'.

Show all 5 facts

The document was introduced on August 29, 2024.

Frequently Asked Questions

What is a millage rate?

A is the tax rate used to calculate property taxes; one mill is equal to $1 of tax for every $1,000 of assessed property value.

What is the 'rolled-back' rate?

The is the tax rate that would generate the exact same amount of property tax revenue as the previous year, excluding new construction.

Why is the proposed rate higher than the rolled-back rate?

The document does not provide a specific reason for the 7.24% increase over the .

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Follow the record

Votes, people, money & the original source

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Tax Revenue Increase

The proposal explicitly sets a millage rate 7.24% above the revenue-neutral rolled-back rate, indicating a planned increase in property tax collection.

Board of County Commissioners

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100

Significance85
How much this matters to a regular citizen
Controversy40
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz30
Current news / social attention level

Publisher tools