City of Punta Gorda millage rate remains the same

Author: Nancy Semon, Gulfshore Business
Published: Updated:

Punta Gorda City Council approved setting a proposed millage rate of 3.9500, which is the same as the previous year’s millage rate.

Council voted 4-0 to approve keeping the millage rate the same, which is over the rollback of 3.5942. Council member Debi Lux was unable to attend the meeting due to illness.

A public hearing on the matter will take place at 5 p.m. Sept. 4 at the Military Heritage Museum, 900 W. Marion Ave. in Punta Gorda.

Homesteaded residents’ increase cannot exceed 3% or the change in the National Consumer Price Index, whichever is less, due to Florida’s Save Our Homes legislation designed to prevent residents from being taxed out of their homes.

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