Bonita Keeps Real Property Tax Rate the Same
Posted by Benjamin Dona on Wednesday, October 2nd, 2013 at 5:29pm.
Bonita Springs City Council voted last week to keep our property tax rate the same for 2013-2014 fiscal year! The City's current rate is .8173, or roughly $0.82 cents per $1,000 of taxable property value. More disappointing news was the delay of the $1M downtown redevelopment project which is being pushed into 2014-2015. Nothing much has been done on the project since 2012 and it's impossible for our city to draw new businesses and residents to this area of Old US 41 until Bonita Springs' City Council takes up the challenge. Let's roll up our sleeves!
The City's current budget is $20.6M, down from $21.1M this year, that's a $500K savings. One line item that caught our eye was a decrease in budgeting for law enforcement services. That decrease was in the amount of $126.770 - a significant amount.
Further investigation revealed that there is no decrease in manpower on our streets, and the savings are felt to be due to the Lee County Sheriff's Office substation savings. Thank you, Lee County Sheriff's Department for the great job you do!
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About the Author
Benjamin Dona is the Broker and Owner of Gulf Coast Associates, Realtors in Bonita Springs, Florida. He holds two advanced degrees, an MBA and an MA, and has an extensive background in both business and marketing. In 1998, he founded Gulf Coast Associates, and formed a group of like-minded Realtor® associates dedicated to offering professional Southwest Florida real estate services by concentrating on information, education and the use of leading edge technologies. He also is a recognized expert on the "Net," a much-quoted and read blog author, and a contributor to both national and international news outlets. Benjamin is a member of the National Association of Realtors, the Florida Association of Realtors, and numerous local real estate boards throughout Southwest Florida.
Contact Benjamin Dona at 239-948-3955
Southwest Florida Real Estate Blog
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