City commissioners on Tuesday unanimously approved an increase to the city’s property tax rate by 3 percent for fiscal year 2013-14, as well as a beef up of its overall budget by 7.6 percent compared with the current fiscal year.
The new rate is $7.90 per $1,000 of taxable property value. This means that for a home assessed at $184,783, minus the $50,000 homestead exemption, that property owner would pay $1,065 in taxes under the new rate.
The city’s budget for fiscal 2013-14 is $184 million, including a general fund budget of $71.2 million, up almost 3.5 percent from 2013’s budget of $68.8 million.
City officials said in past meetings that the increase in the general fund is due to additional funding needed for four records technicians to operate the Boynton Beach Police lobby, grounds maintenance and health insurance.
Former Boynton Beach Commissioner Mack McCray, the only person to speak during the public comment portion of the public hearing, told commissioners he approved of the new tax rate and budget.
“Thank you for doing an excellent job. You did your homework,” McCray said.
Commissioners also formally ratified the annual budget for the city’s Community Redevelopment Agency, which was approved by the CRA board Sept. 10.