October begins a new fiscal year, and property owners in the City will see a reduction in the property tax rate for the coming year. This month also is filled with special events and activities to enjoy Downtown, at the Sponge Docks, and in the City parks. Send an e-mail.
City Lowers Tax Rate
The Board of Commissioners has approved a lower tax rate for the first time in six years. The rate for this year has been reduced from 5.45 to 5.42, a difference of .55%. The rate reduction was made possible thanks to property values increasing by nearly 7% over last year, so some residents may see an increase in their tax bill even with the lower rate. Also this year, the administration was able to present a balanced budget without using any reserve funds. The new fiscal year budget takes effect Oct. 1. Click here for a copy of the 2017 budget.
Pinellas County Economic Development Update
Did you know that Pinellas County has more than 30,000 manufacturing jobs, which is more than Pasco, Hillsborough, and Hernando Counties combined? And manufacturing jobs in Pinellas County offer a higher average annual wage, at nearly $60,000. These facts and more were presented by County Economic Development Director Mike Meidel at a Pinellas County Board of Commissioners work session on Economic Development held Sept. 20 at the St. Petersburg College Tarpon Springs Campus. Click here for the presentation.
New Businesses Coming Soon!
Bulk Nation, a bulk-food specialty store based in Tampa, is opening a new store in Tarpon Square next to Wal-Mart in late October. The store offers a wide variety of products that are purchased by weight, including nuts, seeds, coffee, spices, pasta, dried fruit, and more.
Please check out the City’s website for more information and resources. For social media users, please “like” our facebook and Linked In pages; check out our You Tube channel, and follow us on Twitter. Thank you for your interest in the City of Tarpon Springs.