Panama City

Panama City, FL – City of Springfield approves new millage rate

Panama City, FL –

SPRINGFIELD, Florida (WMBB) – The owners of Springfield will soon be paying more taxes.

City commissioners voted to increase by one mill at Monday night’s special meeting.

Elected officers voted to approve the mileage rate at the second hearing of the proposed increase.

The new mileage rate is 4.465, a full mill higher than last year. This means that home and land owners will pay an additional dollar for every $ 1,000 of property value.

City workers will also see a pay rise with the additional funding, raising the minimum wage to $ 15 an hour.

The money will also allow Springfield to repave all roads within the city limits, as well as other miscellaneous projects.

“We’re very excited… We’ve been telling everyone for almost three years, next month, it’s gonna be better, it’s gonna be better,” Springfield Mayor Ralph Hammond said. “We do a lot of things behind the scenes. “

Mayor Hammond said the city is expected to receive about $ 28 million from FEMA. However, to receive this funding, the city must spend its own money up front.

The increase in the mileage rate will allow them to be reimbursed.

City of Springfield approves new millage rate Source link City of Springfield approves new millage rate

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