At the previous City Council meeting, a budget working with a rate of 1.9800 had been presented by the finance department, but this had been deemed too high an increase considering the stalled current economy.
At Monday’s meeting, Council and audience were presented with a revised budget with an increase to 1.9200. However, Councilors Joe Batte and Chuck Kiester called for a vote to set the tax at a lower rate of 1.8600. The other councilors were concerned that there should be more funds set aside, for debtre-payment and for reserves, than the 1.8600 rate would provide. The vote for 1.8600 did not pass. (Five votes were needed to pass, and this rate had only a 4-2 vote.)
After further debate on what the correct rate should be, a compromise between 1.86 and 1.92 was struck and the vote was taken to set the rate at 1.8900. Council Chair, Frank Recker said, “There was concern about the City having enough funds to pay off debt and for reserves. I don’t think anybody was unhappy with the outcome.”
Prior to the business portion of the meeting agenda, Sascha Bonte, owner of Sascha’s Salon and Day Spa on Marco Island, received a special honor for his contribution to the City. Bonte, along with his son, Daniel, aged twelve, led the meeting in the Pledge of Allegiance.
For full details of the meeting, see the rebroadcast of the meeting on MICity TV–Channel 98–on Saturday, September 25 at 10:00 a.m.