A graph prepared by Anna Maria city treasurer Diane Percycoe shows Anna Maria receives just 11 percent of the total taxes paid by a city property owner with a super-homestead exemption.
With only two of five commissioners at the Anna Maria commission’s July 24 budget work session, Commissioners Dale Woodland and John Quam were left with little to do.
“Everything we talk about tonight we’ll have to discuss again at our budget meeting July 30,” Quam said.
At the commission’s budget meeting at 6 p.m. Monday, July 30, commissioners plan to set the tentative millage and rollback rates. These rates must be established and submitted before Aug. 1.
Quam and Woodland did get some good news.
Mayor Mike Selby said on July 24 that after discussions with Manatee County Sheriff Brad Steube, the proposed $698,000 contract for 2012-13 law enforcement services has been reduced.
“Sheriff Steube really went the extra mile for us. The contract is only increasing $26,000, not the proposed $59,000,” Selby said.
While a $33,000 reduction might not sound like much, it’s pretty good for a city with proposed budget expenses of $2.259 million, Selby said.
However, the mayor added, Steube said the MCSO and city should begin working on next year’s contract as soon after the 2012-13 budget is adopted.
City treasurer Diane Percycoe’s proposed budget calls for a millage rate of 2.0 mills, a 2.4 percent decrease from the 2.05 millage rate in the 2011-12 budget. The rollback rate — the millage rate needed to generate the same amount of revenue in the 2012-13 budget as the current fiscal year — is 2.0214.
Percycoe’s proposed 2.0 millage rate is a 2.44 percent decrease from the current 2.05 rate, and a decline of 1.07 percent from the rollback rate.
One mill is $1 for every $1,000 of assessed property value. At a 2.0 millage rate, an Anna Maria homeowner with a home appraised at $400,000 would pay ad valorem taxes to the city of $800.