The city will soon decide whether to raise property taxes by nearly 34% — the largest increase in the city’s history — as homeowners remain divided over the proposal.
Marco Island city council tentatively approved the increase in July, saying it will help fund roads, park projects and city employee wages, among other priorities.
WATCH AS THE COMMUNITY VOICES THEIR VIEWS ON THE PROPOSED TAX HIKES ON MARCO ISLAND:
Marco Island residents increasingly divided over proposed 34% property tax increase
The proposal would push the city’s tax rate from 1.24 mills to 1.668, meaning a $1 million homeowner would pay about $440 more per year…