The
Franklin County Commission will hold its final public budget hearing
today at the Franklin County Courthouse annex in Apalachicola.
The
county is proposing a 52.3 million dollar budget which represents
about a 2 and a half percent tax increase over the current budget.
The
amount that will be paid by local taxpayers is a little over 11.6
million dollars which is about a half million dollars more than last
year.
Much
of the local tax increase comes from an across the board cost of
living increase for county workers, which totals about 214 thousand
dollars.
There
are also increases in the cost of health insurance and in payments to
the Florida retirement system.
Under
the proposed budget, people with a 150 thousand dollar home and a 50
thousand dollar homestead exemption will see their annual taxes
increase by about 20 dollars in the coming year.
If
you have a 100 thousand dollar home that is homesteaded you’ll pay
about 13 dollars more in taxes.
The
new budget takes effect on October the 1st.
Again
the final public budget hearing is today at 5:15 at the Franklin
county Courthouse Annex in Apalachicola.
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