It is expected that the City of Cape Coral will approve their final budget today with a tax rate of $787 per $100,000 of value (as compared to $797 this previous year). Cape Coral’s budget is required by State law to be approved by 10/1/11. Please keep in mind that individuals will pay, City, County, Stormwater, and other taxes in with their tax bill.
A balanced budget has not come easy for the City. Many Departments have had to tighten their belts and have given up a little. Not an uncommon occurrence for any of us during these economic times.
The Cape Coral real estate market is improving too….everything if falling back into place.
Thank you for all your hard work City of Cape Coral.