Beach Library Board sets tentative millage rate and budget
The Fort Myers Beach Library Board made quick work in setting its tentative millage rate and budget for fiscal year 2011-12 in the library conference room on Tuesday, Sept. 6.
Within 30 minutes, the five present board members unanimously adopted a tentative millage rate of 0.4999 and a proposed budget in the amount of $1,592,565.
The final budget will be set on Tuesday, Sept. 27, as the first part of the board’s monthly meeting at 6:30 p.m. The current millage rate is 0.5958.
“If you check your TRIM notice, you’ll be hard pressed to find other districts that have lowered their taxes,” said Board President Katie Corning. “Our proposed millage rate for next year is 0.4999, which is a 20 percent reduction.”
The Beach Library is currently in its fifth month of construction. Library Director Leroy Hommerding reported the project is on schedule to move into its building expansion in March/April 2012 and the officials are set for a grand opening in September/October 2012.
“At that point, when we have our grand opening, the building will be paid for in full,” he said.