Manatee property values decelerate, but tentative millage stays steady

Manatee County commissioners Jason Bearden and Bob McCann attempted to lower the tentative millage rate by .05 mills at a special work session July 31, but the final vote was 4-2 against the measure.

Instead, commissioners set the maximum rate at 6.08, which is the current countywide operating millage rate. Millage is the tax rate applied to a property’s assessed value.

However, there’s still a chance residents could receive a tax break because the budget and millage won’t be finalized until September, and McCann said he will suggest $3 million worth of budget cuts to make up for the failure to lower the millage rate by .05 mill…

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