Mount Dora Cuts Electric Rates to Offset State Tax
The mayor and city council announce a 5 percent reduction in electric utility rates effective April 1 1968. The cut aims to offset the 4 percent state sales tax also taking effect on the same date.
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Newspaper
Mount Dora Topic
Location
Mount Dora, Florida, United States of America
Date
Mar 28, 1968
Page
8
The mayor and city council announce a 5 percent reduction in electric utility rates effective April 1 1968. The cut aims to offset the 4 percent state sales tax also taking effect on the same date.
In a March 26 session the millage for real estate and personal property taxes was reduced from 10 mills to 6.44 mills to offset Florida's 1968 single assessment rule. The move lowers city income as departments strive to hold costs for taxpayers.
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