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Basin Board Plans To Keep Tax Rate Steady

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The Tampa Tribune

Published: June 9, 2008

HOLIDAY - Southern Pasco County homeowners from Odessa to the Gulf Coast can expect their contribution to the Pinellas-Anclote River Basin Board to remain stable under the proposed budget adopted last week.

The proposed fiscal year 2008-09 budget is just less than $45.8 million, down about $3.5 million from the fiscal year that ends Sept. 30, the basin board's parent agency, the Southwest Florida Water Management District, announced Friday.

The decrease is primarily because of a drop in the state's contribution from the Water Protection and Sustainability Trust Fund, the district said. The basin board's tax rate of 37 cents per $1,000 of a property's taxable value will remain the same under the proposed budget.

The owners of a home valued for tax purposes at $125,000 with a $50,000 homestead exemption will pay $27.75 a year, or about $2.30 per month, the water district said.

Major expenditures in the proposed budget include: $4.56 million for the Sawgrass Lake restoration and Skyway Trap and Skeet Club cleanup in southern Pinellas County; and $7.54 million as the basin board's contribution to a regional water development program aimed at taking more fresh water from the Hillsborough River to store in, and dispense from, the C.W. Bill Young Regional Reservoir in eastern Hillsborough County.

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