Monday, September 3, 2012

Important Public Hearing Wednesday on Punta Gorda City Budget and Millage Rates

There will be a public hearing this coming Wednesday at 5 p.m. in City Council Chambers on adoption of the tenative millage rate and budget for the City of Punta gorda for the 2013 Fiscal Year.

The City's Budget represents a 2% increase in the General Fund attributed by the City Manager Howard Kunik to a continued decline in property values and the inability to continue to use reserves to fill in the gap. The millage increase is an approximately 18% increase over the the 2012 rate.

These are not insignificant increases at a time when our population is straped and when our City needs to continue to attract new residents and homeowers  Concerned Punta Gorda citizens should be paying attention and speaking out and not just rubber stamping a change without question or debate.    

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