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News Story
Updated: 09/26/2012 08:01:14AM

City budget adopted on final reading

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The city of Venice adopted on final reading Tuesday a $74 million budget for Fiscal Year 2012-13 based on the rollback millage rate.

By GREG GILES

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With little fanfare, Venice City Council concluded its budget deliberations Tuesday evening, adopting the rollback millage rate.

It’s the second year in a row council adopted a rollback rate, which raises local property taxes for many just enough to bring in the same amount of tax revenue as the preceding year.

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