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Margate 2020 Budget: More Ratables, Higher Expenses, No Tax Cut.

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Margate Commissioners have adopted the 2020 city budget. The Margate CFO reported higher expenses and no tax-cuts for the fiscal year. Wow. Impressive. Margate gets additional $37 million in new ratables. Ratables are property that provides tax income for local governments. Most of this additional value comes from new construction., which brings on higher property …

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