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Commission Approves FY19 Budget, Electric and Natural Gas Rates
Tallahassee residents will pay less next year for the same high-quality services. This news comes with the approval of the City’s Fiscal Year 2019 (FY19) budget, which focuses on the community’s highest priorities, including public safety, economic development and infrastructure improvements, all of which culminate into an exceptional quality of life.
Affordability is a key factor in quality of life, and through action by the City Commission in relation to the budget, as well as electric and natural gas rates, there will be millions of dollars in savings community-wide. Those extra dollars will help households and small businesses re-invest in the community, further supporting the local economy.
City of Tallahassee utility customers will soon see a reduction in their electric and natural gas bills, as the newly approved rates take effect October 1. A typical residential customer using 1,000 kilowatt-hours will see a monthly bill decrease of approximately three percent, from $112.81 to $109.07, below the statewide average of $113.91. The average natural gas customer will see a savings on their bills of 10 percent, from $58.75 to $52.79.
The Commission also voted to maintain the property tax rate, approving it at 4.1000 mills for the City of Tallahassee, which is the lowest rate among Florida cities with populations of 100,000 and greater. This is more good news for local property owners as property values are rising, and all residents will benefit from this as the City responsibly invests any additional revenues back into our community, strengthening public safety and advancing local infrastructure.
For more information about the City’s budget and its municipal services, visit Talgov.com.