C mpass Rose NOVEMBER 2018
ANNUAL CITY BUDGET
At the Council Meeting held on September 17, 2018, the City Council approved the FY19 Annual Budget. This year’s General Fund (maintenance and operations) budget is $5,804,150 and the total budget for all funds is $13,069,750.
At the Council Meeting held on October 8, 2018, the City Council approved the tax rate that funds a portion of the maintenance, operations, and debt service in the FY19 Budget. The adopted tax rate was maintained at the same tax rate as the previous four years: $0.742120/$100 valuation. This tax rate is lower than both the effective and rollback tax rates. On a home valued at $100,000, the average homeowner will pay around $697.96 in property taxes to the City of Nassau Bay. The FY19 Annual Budget funds a total of $3.05 million in capital projects. These projects include several improvements and rehabilitation projects to the water and wastewater system, stormwater drainage, street repair and improvements, park improvements, building improvements, and much more. For more information on the budget, tax rates, and upcoming capital projects, please visit our website at www.nassaubay.com/budget. Property Tax Revenue for Services - Fiscal Year 2019
Saturday, December 8th from 2:00pm to 4:00pm Howard Ward Park (18300 Upper Bay Rd) Please join us for the Annual Holiday in the Park event hosted by the Nassau Bay Special Events Committee and the City of Nassau Bay. Meet Santa, play in the snow, ride a tube down the snow slide, sing carols, have a delicious cup of cocoa provided by CANBE and much more! In addition, our very own Nassau Bay Nauticats will be at the event selling beautiful poinsettias as a fundraiser for the scholarship fund. For more information on all the family fun, please visit www.nassaubay.com/specialevents.
1ST ANNUAL FALL SWEEP Keep Nassau Bay Beautiful (KNBB) will host its first annual Fall Sweep for the City of Nassau Bay's parks on November 3rd, from 8:30am to 11:30am. Volunteers are asked to meet at the pavilion in David Braun Park at 8:30am to sign up and receive instructions, maps, and equipment. Volunteers will be asked to select from several planned activities in Swan Lagoon Park, David Braun Park and Howard Ward Park. For more information about volunteering, please contact KNBB Chairman Roscoe Lee at roscoe.lee@nassaubay.com.
