Margate-Coconut Creek Fire Rescue {Aiden Palmer}
Good news: Margate homeowners won’t see an increase in their fire assessment fees.
During the June 5 meeting, the commission passed a resolution establishing the estimated assessment rate for the fiscal year beginning October 1, 2024.
Homeowners will pay $300 for the year. Commercial property owners will pay $0.37 per square foot, industrial property owners $0.05 per square foot, and institutional property owners $0.47.
Commissioner Antonio Arserio said it might be better to raise the fire assessment rate a small amount each year rather than $25 or $50 every few years.
“I am glad we don’t have to raise the rates this year, but we should consider incremental increases,” he said.
Mayor Tommy Ruzzano said a recent study conducted on fire assessment found that rates could have been increased to close to $400 annually.
He also suggested that a more minor increase might be the better approach.
Got News in Margate? Send it to Margate Talk. Don’t Miss Reading NW Broward County’s #1 News Sites: Coconut Creek Talk, Coral Springs Talk, Parkland Talk, and Tamarac Talk.
Author Profile
Latest entries
NewsOctober 3, 2024Margate Advances City Center Redevelopment, Shortlists 4 Developers
NewsSeptember 30, 2024Tots 2 Teens Opens in Margate, Offering Gently Used Kids’ Clothing at Affordable Prices
NewsSeptember 23, 2024Margate Mayor Ruzzano Demands Big Raises for Fire Chief, City Clerk
NewsSeptember 23, 2024Margate Residents Push for Solutions to Homeless Crisis as City Passes Public Camping Ban
