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I thought I saw another increase, yeah I did, I did.
Real estate taxes attributable to Marco Island on a percent basis have risen from 10% to 14% since the inception of city-hood. I guess MI is growing faster than Collier County is terms of relative percentage of tax revenue.
How did that happen? Let's all put on our thinking caps..................
Is it the low millage?
Remember, from the "management", the Marco Island millage is low relative to other cities in Florida and surrounding communities.
Millage is influenced by property valuations (poor vs exclusive communities), size of taxing district, cost of operations covered by ad-valorem vs fee based revenue etc etc etc. So a side-by-side community comparison based on millage is meaningless and honestly, STUPID.
Continue this millage mantra idiocy, and I begin to understand how we now find ourselves where we are today, with STRP mismanagement, water rates misapplied, and policies i.e. ordinances that exacerbate the problems before us.
Time to support Marco Island Homeowners to at least get a layman's view of the land, to review the professional "management" of this island paradise.
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