During a special workshop on Monday, September 27, the Nassau Bay City Council adopted an ordinance providing for the Levy, Assessment and Collection of an Ad Valorem (Property) Tax for Tax Year 2021 (Fiscal Year 2021-22). The adopted Tax Rate is $0.722120 per $100 valuation, the same tax rate as the current fiscal year.
The Fiscal Year 2021-22 Annual Budget was adopted by Council during their regular meeting on Monday, September 13.
Due to increases in property valuation as well as new property added to the tax roll, this budget will raise more revenue from property taxes than last year’s budget by an amount of $347,038.
To learn more about the annual budget, visit the City of Nassau Bay website at www.nassaubay.com/budget.
Check out our FY2021-22 “Budget in Brief” Infographic here!