Finance Department
Jim Keranen, Finance Director
727-547-4575 ext. 225
finance@mytreasureisland.org

On July 17^th, the City Commission set the Tentative Millage Rate for FY 2007-08 which begins on October 1, 2007, at 2.3878 mills. This means that property owners will pay $2.3878 per $1,000 of taxable value, a reduction of 9.1% from FY 2006-07 millage rate of 2.6272. The tentative millage  rate meets the mandate by the Legislature to reduce property taxes by 9% (in the case of Treasure Island).

In the current fiscal year property taxes paid to the City of Treasure Island make up only 14% of the total property tax bill.   The remainder of the property taxes goes to Pinellas County, School Board, Emergency Medical Services, and other taxing districts. 

Property taxes are a revenue source for the City’s General Fund and will comprise about 48% of the total revenue of the General Fund budget this coming Fiscal Year.

The General Fund is that part of the City’s Budget that funds services and activities like police, fire, parks and recreation, planning building and zoning, code enforcement, TITV15, maintenance of streets, bridges and public grounds and buildings, and administrative services like Commission, finance and personnel.

FINANCE HOME PAGE

Previous Budgets

n Final Budget
FY2008

nFinal Budget
FY2007

nFinal Budget
FY2006

nFinal Budget
FY2005

nFinal Budget
FY2004

Comprehensive Annual Financial Reports
nCAFR 02-03
nCAFR 03-04
nCAFR 04-05
nCAFR 05-06

Documents
nFinancial Policy