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No tax increase for SWFWMD | Environment

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No tax increase for SWFWMD
No tax increase for SWFWMD

Tampa Bay, Florida -- Although the Southwest Florida Water Management District (SWFWMD) increased its operating budget by $4.5 million for the coming fiscal year, property owners will not pay a higher tax to the state agency responsible for flood control and surface and groundwater quality in the Tampa Bay area.

Tuesday night the Southwest Florida Water Management District Governing Board approved the 2012-13 fiscal year budget and millage (or tax) rate. The fiscal year starts Monday, Oct. 1.

The budget includes a millage rate of 0.3928 mils, the same as the current fiscal year. One mil represents one dollar per thousand dollars of taxable value; a property with an assessed value of $100,000 will pay SWFWMD $40.

According to Robyn Felix, spokesperson for SWFWMD, property values in the SWFWMD service area went down 2.9 percent, so property owners will pay the district $3 million less than they did in the 2011-12 fiscal year.

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