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The Problem-Solving Mayor Cape Coral Needs Now!

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Breeze Question of the Week City Taxes

By July 29, 2022August 1st, 2022No Comments

Question:

The city budget for fiscal year 2022-23 is pending. What is your view on city taxes — the millage rate, fire services assessment and the public services tax?

Tom’s Answer: 

The City Council hurt working Cape Coral families last year when they voted to increase the millage rate 4% over the roll back rate.  Simply, they raised property tax dollars by 13%.   Most of the money just went into reserves with many of the added services still not completed.  I support the millage roll back rate of 5.3694 this coming year.  It still produces enough new tax revenue from growth to fund what is needed to operate the city and add needed projects.  I approve of the fire assessment remaining at 62%.  The Public Service Tax (PST) on electricity is at 7%.  I do not agree with the Council’s decision to take away the tax exemption on the first 500 kWh and providing those funds to the charter school.  This was the worst type of tax to add because it affected low income and fixed income residents the hardest. As a member of the Budget Review Committee I have been a strong advocate for fiscal responsibility, and will continue to do that as mayor.

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