Millage tax rate hike approved in Punta Gorda

CREATED Sep. 19, 2012 - UPDATED: Sep. 19, 2012

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  • Millage rate hike approved in Punta Gorda Video by fox4now.com

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PUNTA GORDA, Fla. - People living in Punta Gorda are outraged tonight.  The city proposes a nearly 20 percent millage rate increase.  Residents protested by showing their true colors.
 
This is the second budget hearing. The room inside city hall is packed with residents, calling this millage rate hike nothing but a burden.
 
Punta Gorda residents wearing red to protest the proposed 18 percent millage rate hike from last year. 
 
City leaders want to raise it from 2.8824 mills to 3.2462 mills. 
 
But officials are calling this necessary to make up for a shortfall in the budget.
 
The meeting is still underway, with such a big turnout that people are lined up outside the door. A vote will come down from city council tonight on whether to adopt the millage rate.