Pinecrest Village Council members voted unanimously Tuesday to advertise the same tax rate as the previous two years for the 2013-2014 budget year.
The tax rate will remain $2.20 per $,1000 of taxable property value.
The owner of a home assessed at $400,000 would pay about $897. That is a $17 increase, and assumes the owner qualifies for the standard $50,000 homestead exemption and that the home’s taxable value increased by 1.7 percent, which is the maximum allowed this year for an owner-occupied home.
Next month, property owners will receive a letter called a “TRIM Notice” from the Miami-Dade County Property Appraiser’s Office, listing the taxes the owner would pay to each local agency if the proposed tax rates are approved. Homeowners pay property taxes to the county, the school board and other agencies as well as a city or village.
Pinecrest’s tax rate is one of the lowest in Miami-Dade.
Village Council members could lower the advertised rate during the budget season, but they cannot increase it. The new budget year starts Oct. 1.
The village manager will hold a town hall meeting for residents to ask questions about the budget at 7 p.m. on Aug. 13, followed by a budget workshop for the council at 6 p.m. on Aug. 20, both at the Pinecrest Municipal Center, 12645 Pinecrest Pkwy.
The council will hold two public hearings on the budget, on Sept. 11 and Sept. 16. Both will be at 7 p.m. at the Municipal Center.