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Cape property tax rate maximum to be set Monday

Council will be able to lower millge, but not increase it after cap is set

July 18, 2013

Cape Coral City Council will consider on Monday a resolution that would set the maximum property tax rate at its current level....

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lightswitch

Jul-19-13 9:07 AM

Google the Cape Coral Budget for 2013 and see how many more millions of dollars are coming in to the city based on the 7.13% increase on valuatio9n.

This is without the 7% Utility Tax on electric kilowatt hours.

This is without burying 62% of the Fire Dept budget pegged at $33.4 million. This amounts to almost $21 million as a separate bill not included in your real estate Tax.

This city is cleaning up and now having especially Kevin McGrail looking to spend, spend, spend.

We have seen too many times projects and services come in overpriced as much as 50% higher. The so called saving never surface as promised.

7.13% increase in valuation is over 3 billion in valuation. While this is not the increased tax dollars, they will increase LY $142 million significantly to say the least. You can see the $20 million the city manager stated he needed is MORE THAN COVERED without the new taxes and the method of generating it. IT WAS NOT AND IS NOT NEEDED. CITY OF CAPE CORAL STOP B

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