The Port St. Joe City Commission put the final touches on the 2013-14 fiscal year budget during the final public hearing on Monday.
The city, in a sense, stayed relatively in place.
For the third consecutive year commissioners set a tentative millage rate one mill higher than the current millage to provide flexibility in planning, all the while pledging to return to the beginning.
With Monday’s unanimous vote commissioners did just that, approving a budget that barely budges and a millage rate, 3.5914 mills.
A mill is equal to $1 per $1,000 worth of tangible taxable property.
The city of Port St. Joe levies the lowest millage in the county.
The millage does come with an ever-so slight tax increase.
Due to an increase in property values in the city, largely due to the construction and opening of the Dollar Market store on U.S. Highway 98, the millage is above the rollback rate of 3.5798.
The rollback rate is that millage at which the identical amount of ad valorem revenue would be generated as the current fiscal year.
The tax increase amounts to .32 percent.
The city budget includes a 5 percent increase in water and sewer rates, a 3 percent pay increase for employees and a few necessary major capital expenditures.
The city also has over $500,000 representing its settlement with BP over the Deepwater Horizon oil spill of 2010. Commissioners intend to hold a workshop in the near future to consider spending those funds.