But it was only the beginning.
We read today in the Sun Sentinel some more bad news:
Faced with an $12.6 million shortfall, city commissioners on Wednesday eliminated about 74 positions, including 61 vacancies, and cut pool hours, among other measures. The city also imposed a four-day, 40-hour work week, to begin in October for some employees.
Commissioners approved a property tax rate of $4.43 per $1,000 of assessed property value for the 2008-9 fiscal year, up from the current rate of $4.17 per $1,000 of assessed property value. The commission on Sept. 12 also voted to increase the residential fire protection fee to $209.63 per home and condo, an increase from $153.48 this year.
I wrote about the tax-rate trick. Property assessment goes down, they raise tax rate, we lose.
Henry B. Nathan is a Florida Realtor at United Realty Group Inc.Visit my website: http://www.condo-southflorida.com/where you can search for Aventura Condos, Florida Condos,