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For illustrative purposes, the effect of the preceding proposed rates on a home with an assessed value <br />of $250,000 and a homestead exemption of $50,000 is shown in the following table. <br />Table 3 <br />Typical House Comparison - Proposed vs. Current with 1.4% CPI Increase <br />Proposed Millage Compared to Current <br />2020/2021 <br />Adopted <br />Millage <br />2021 /2022 <br />Proposed <br />Millage <br />Increase <br />(Decrease) <br />% <br />Increase <br />(Decrease) <br />Taxable Value <br />$200,000 <br />$203,500 <br />$3,500.00 <br />1.75% <br />General Fund <br />$709.50 <br />$721.92 <br />$12.42 <br />1.75% <br />Subtotal - Indian River Shores <br />$709.50 <br />$721.92 <br />$12.42 <br />1.75% <br />Emergency Services District <br />$470.62 <br />$478.86 <br />$8.24 <br />1.75% <br />Subtotal -All Other Incorporated Areas <br />$1,180.12 <br />$1,200.78 <br />$20.66 <br />1.75% <br />M.S.T.U. Fund <br />$230.12 <br />$234.15 <br />$4.03 <br />1.75% <br />Total - Unincorporated Area <br />$1,410.24 <br />$1,434.93 <br />$24.69 <br />1.75% <br />Within the Solid Waste Fund, proposed residential assessment rates are increasing by $10.23 or 8.2% <br />to $135.62 per Equivalent Residential Unit. Commercial rates are increasing by $3.12 or 7.0% to <br />$47.64 per Waste Generation Unit (W.G.U). The proposed readiness -to -use fee is $29.51 per W.G.U., <br />an increase of $2.09 or 7.6% from last fiscal year. <br />As recommended in the Comprehensive Water, Wastewater, and Reclaimed Water Rate Study, an <br />annual CPI adjustment which is 3.0% for FY 2021/22 is being recommended in the Utilities Fund. In <br />addition, five Streetlighting District assessments are decreasing as a result of Florida Power & Light's <br />lower electric rates when compared to those of the City of Vero Beach. <br />General Fund <br />The proposed General Fund budget is $105,771,570, a decrease of $6,491,591 or 5.78%. Specific <br />departmental, Constitutional, and agency budget summaries are contained in the exhibits following this <br />message (pages 31-33). Major factors impacting the General Fund budget are presented below: <br />• Ad valorem tax roll increase - 5.19%, $3,424,311 in additional revenue, assuming 95% <br />collections at same millage rate. <br />Millage rate - 3.5475, no change from last fiscal year. <br />Constitutional Officers increases - $4,069,043 or 6.3% <br />State Mandates/Constitutional Officers - constitute 74.9% of the total General Fund budget <br />Children's Services Funding - increase of $116,162 or 5.3%; full 0.125 mill funding <br />Deferred Maintenance and Capital - $337,261 total includes repairs at various County Parks and <br />Public Buildings <br />12.35 Additional FT Positions - 4 FT BCC positions for $232,408, and 8.35 FT Constitutionals <br />