1 / 7

Abacoa Property Owner’s Association Annual Meeting November 17, 2010

Abacoa Property Owner’s Association Annual Meeting November 17, 2010. FY 2011 Residents’ and Businesses’ Tax Bill. A typical Jupiter resident’s tax bill is made up of several items. The portion of a resident’s tax bill that goes to the Town is approximately 13%.

mignon
Download Presentation

Abacoa Property Owner’s Association Annual Meeting November 17, 2010

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Abacoa Property Owner’s Association Annual MeetingNovember 17, 2010

  2. FY 2011 Residents’ and Businesses’ Tax Bill • A typical Jupiter resident’s tax bill is made up of several items. The portion of a resident’s tax bill that goes to the Town is approximately 13%. • The Town of Jupiter’s tax rate for Fiscal Year 2011 will be 2.5142, which is the same as the tax rate in 2010. However, due to declining property values, revenues from property taxes will fall by approximately $1.3 million in 2011.

  3. Jupiter FY 2011 Budget • Total Budget is higher due primarily to capital investments – such as Central/Indiantown Road Intersection. • General Fund increased due to capital, pension and maintenance expenses. • However, total Town tax collection will be reduced by $1.3m. • Fund Balance and revenue from other agencies fill the revenue gap.

  4. Major Town Initiatives Impacting Abacoa • Organizational Sustainability • Adjust from an organization designed to manage growth to one designed to sustain the community. • Using fund balance to supplement operational expenses as the organization is structured to be financially sustainable long-term. • Infrastructure Equity • Equitable means of funding infrastructure maintenance expenses • Reducing direct costs to HOAs but increasing costs to the Town in general • Preparing for Transit • Input on Station Locations • Balance residential concerns with need for sustainable transportation options and economic development needs. • Business Outreach • Attraction and Retention Efforts • High-Tech/R&D/Eco- and Heritage-Tourism • Town Center Quality of Life and Future Plans

  5. Crime Fighting • Where we were vs. where we are -

  6. Crime Fighting • Where we were vs. where we are -

  7. Crime Fighting • Where we were vs. where we are -

More Related