City of Aventura: No Tax Rate Increase?
September 30th, 2009 categories: Aventura, Real Estate Taxes
Aventura approves budget that keeps tax rate steady
According to Jared Goyette in his recent Miami Herald article, the Aventura City Commission gave final approval to a $49.9 million budget for the 2009-2010 fiscal year that keeps the tax rate steady and cuts spending by 12%. Officials say that the funding cuts will not result in a reduction of services, programs or employees because the city was able to reduce spending on capital improvement projects by approximately 67%. This was accomplished mainly due to the fact that many projects that were still under contruction last year have already been completed.
Aventura’s tax rate of $1.73 per $1,000 of assessed property value will be the same as last year’s rate. The city now has the lowest tax rate of any municipality in Miami-Dade County.
For more information please contact me at (305) 329-4929 or solovay.m@ewm.com
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