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Lee County forecasting higher revenues and spending | News, Sports, Jobs

Lee County forecasting higher revenues and spending By NATHAN MAYBERG - | Jul 7, 2021 Rising property values, a boost in tourism and higher sales tax revenues is expected to fill county coffers according to recent county budget talks. How that will affect tax rates is still yet to be seen. The county’s millage rate is currently $4.0506 per $1,000 of assessed taxable value and the commissioners have not yet set a tax rate change. Those decisions could be based on the level of surplus projections, which are expected to be more than $136 million. Lee County Board of County Commissioners Chairman Kevin Ruane, District 1, expressed a willingness to use more of the county’s reserves to lower the county’s tax rate. Ruane said he believes the county should lower the amount of reserves it is holding onto.

Lee County forecasting higher revenues, spending | News, Sports, Jobs - SANIBEL-CAPTIVA - Island Reporter, Islander and Current

Lee County forecasting higher revenues, spending | News, Sports, Jobs - SANIBEL-CAPTIVA - Island Reporter, Islander and Current
captivasanibel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from captivasanibel.com Daily Mail and Mail on Sunday newspapers.

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