|
|
|
| FAQs Meetings Jobs Events Weather Local Links Recreation On-Line Services Contacts Search |
|
Fiscal Year 2007-08 Budget |
|||||||||||||||||||||||||||||||||||||||||||||
|
Effective July 1, 2007 |
||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||
|
The City of Myrtle Beach’s ad valorem property tax rate is 61.4 mills for the 2007-08 budget. The tax rate has not changed in several years. This year's spending plan totals $132.5 million, including $18.9 million for new capital improvement projects and $12.1 million for debt service. The budget documents below provide more detail about the city's services and revenues:
This year's budget includes funding for a Martin Luther King, Jr., holiday, the Independence Day celebration, increased fuel costs, salary and health insurance adjustments, federal lobbying efforts for stormwater and other needs, and the second year of the Mayor's Cup golf tournaments. Minor fee increases are included for cemetery lot prices, ambulance service, planning and zoning services and solid waste collection.
Details also are available on Myrtle Beach’s proposed budget for Fiscal Year 2008-09. The $139.1 million plan includes a three mill increase in the property tax rate, the first increase in five years. Three extra mills would cost the owner of a $250,000 home an additional $30 per year. City Council is scheduled to consider first reading on the budget at its May 13 meeting. Two readings are required, and a budget must be approved by July 1. Note: Acrobat Reader, available free, is needed for PDF files.
© Copyright 2004, The City of Myrtle Beach. All rights reserved. |
