City budget adopted on final reading
PROVIDED GRAPHIC
The city of Venice adopted on final reading Tuesday a $74 million budget for Fiscal Year 2012-13 based on the rollback millage rate.
With little fanfare, Venice City Council concluded its budget deliberations Tuesday evening, adopting the rollback millage rate.
It’s the second year in a row council adopted a rollback rate, which raises local property taxes for many just enough to bring in the same amount of tax revenue as the preceding year.