JACKSONVILLE, Fla. -- The Jacksonville City Council has tentatively approved a tax increase, though it's not a done deal yet.
Council members voted 15 to 3 to tentatively raise the millage rate to 11.5353. Here's what it means for you. If you own a home with an assessed value of $100,000, you will pay an extra $75 per year.
The resulting influx of money would bring in an extra $64 million for the City of Jacksonville. That is enough to cover the budget gap even without passing Mayor Alvin Brown's Police and Fire pension reform plan.
Council members can still set a final millage rate that is lower than the approved 11.5353, but going over that limit would require new notices to go out to taxpayers.
The process of sending out the notices alone would cost the city $300,000.
City council also voted down the mayor's pension reform plan for the Police and Fire Pension Fund. Some council members say they felt like they were forced to vote on it. The council president brought the bill out of committee and onto the floor for a vote. Some members tried to appeal that decision. That didn't go through.
The mayor's chief of staff said it was an unfortunate decision. The office maintains it would have saved taxpayers a lot of money in the long run. City council didn't agree.
The issue will now go back to the courts to see if it can be resolved. The city general counsel said another plan could take several more years.
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