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Brevard County School Board Approved Property Tax Increase

By Sandy Shores FL Realtor®, Melbourne Real Estate

Real Estate Broker/Owner with M & M Realty of Brevard Inc. BK629999

May 27, 2009 02:24 AM

Yesterday, the School Board of Brevard County approved a 25 cent tax increase, per $1000 of taxable value of a property. It was a unanimous decision. The board felt that this was a needed increase, as the district had an estimated $66 million deficit.

The increase computed on a $200,000 owner occupied home, with homestead exemption of $25,000 would amount to about $10.00 a year.

The increase will actually amount to about 4.8 cents per $1000 of taxable value on a property, when the state tax decrease is computed this year.

It is projected that the increase will raise about $8.4 million in revenue.

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Sandy Shores Realtor, Melbourne FL Real Estate

Brevard County Real Estate & Investing

Palm Bay Florida Real Estate News

I buy, sell, rent, own and manage Brevard County real estate.

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Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

Sandy, My knee jerk reaction to this is oh crap more taxes. I find that 4.8 cents to be a bargain compared to what other agencies are considering. Schools are essential to our well being...

May 27, 2009 02:29 AM

Mary Douglas

United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO

REALTOR, Red Feather Lakes, Colorado

Hi Sandy, no one likes more taxes - we are already drowning in tax, it seems -- however $10.00 more per year to support the schools sounds reasonable - I don't mind supporting education.

May 27, 2009 03:24 PM

Caren Wallace

Premier Property Group LLC - Tualatin, OR

Portland Caren Real Estate

Sandy, it is a blessing and a curse! Taxes will be with us until the styrofoam in landfills decompose!

May 28, 2009 03:00 AM

Sandy Shores FL Realtor®, Melbourne Real Estate

M & M Realty of Brevard Inc. - Melbourne, FL

Brevard County Real Estate, Florida's Space Coast

Hey Miss Mary, I think it's important to support education for the sake of our kids. The $10.00 is a reasonable request - I agree. We'll just have to sit tight and see what else they come up with.

Caren, I think you're right - it can be both. We need the money for schools - but we'll be paying more taxes. We knew this would be the beginning of new taxes when we heard the school board was cutting $70 million out of the budget. I think you said it beautifully!

May 28, 2009 08:43 AM

Goodbye Active Rain

Out of Real Estate

Raising property taxes for kids is great. They need to offset it by lowering taxes elsewhere.

May 29, 2009 01:24 AM

John Mayer

Oikos Realty, Cape Canaveral, Cocoa Beach Florida - Cocoa Beach, FL

Your Beach Area Expert

Sandy - It's amazing they even got it approved with the record of Florida tax payers opposing just about everything. Canaveral Groves and Palm Bay are good examples.

May 29, 2009 01:42 PM

Hi TOTO, It's important to be sure that our kids are getting the best education possible - and many of us are concerned about the budget cuts this year.

Hi John, It does seem amazing. I know some that aren't too happy about it.

May 30, 2009 08:01 AM

Myrl Jeffcoat

Sacramento, CA

Greater Sacramento Realtor - Retired

Sandy - It certainly doesn't seem like an exorbitant amount. We are usually fortunate in getting most of our school bond measures passed. However, California has some pretty big budgetary problems going on currently, so that could change for awhile.

May 30, 2009 11:37 AM

Hi Myrl, No, it really doesn't feel like a large amount, does it? We are going through some large budget cuts ourselves right now, and don't want that to effect the quality of education our children are getting.

May 31, 2009 06:39 AM

John Walters

Frank Rubi Real Estate - Slidell, LA

Licensed in Louisiana

Sandy I hate all taxes. These small taxes add up over time, and when things improve they never end these tax increases. They find something else to spend it on. No such thing as a temporary tax.

Jun 01, 2009 11:45 AM

Hi John, I agree that there is no such thing as a temporary tax. These little taxes do add up over time.

Jun 10, 2009 10:16 AM

Brevard County School Board Approved Property Tax Increase

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