Miami Beach homeowners will see a small drop in their property taxes next year after city commissioners gave final approval to the 2013-2014 budget Monday.
Under the budget, residents will pay $6.12 per $1,000 of taxable property, the Miami Herald reported. A resident with a $200,000 home will pay $938 in taxes, about $14 less than this year.
Business owners will face new fees for permitting grease traps and fees will increase from $1 to $4 per person for overcrowded nightclubs. There will also be a new false fire alarm fee.
The budget, which leans on resort taxes and union concessions to stay balanced, also provides for the hiring of a Lincoln Road Mall manager who will work to keep the area well maintained, the Herald reported.
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