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Date of Issue: September 28, 2006

Budget approved without comment for Bradenton Beach

With no comment from city commissioners or citizens, Bradenton Beach took 11 minutes to adopt a $3,831,315 budget for fiscal year 2006-07.

The city’s proposed property tax rate is 2.4878 mills, down from the current 2.4902 mills. A mill is $1 for every $1,000 of assessed value of a home, less any exemptions, such as homestead.

For a house valued at $525,000 in Bradenton Beach, minus homestead, the tax bill for the city for the next year is $1,243.90.

The spending plan for 2006-07 is up from the current $3,087,624.