Per the Sun-Sentinel, Pompano Beach is considering raising its property tax rate.

The proposed rate is an increase of 3.2 percent more than this year’s rate, clocking in at $5.49 per every $1,000 of taxable value, according to the Sun-Sentinel. The hike would result in about $6.7 million more taxes collected, an 11.2 percent increase compared with last year. 

Homeowners of a primary residence would see a nominal increase of about $33 for a home valued at $150,000, according to the article.

Another part of the proposal is a significant raise in the city’s fire fee, which would jump from $29 to $163 per year per residence. Commercial properties would pay 23 cents per square foot for the fire fee, a 4-cent increase per square foot from previous years. Warehouses and institutional properties would also see a fire fee increase. The proposal marks the first increase in the fire fee since 2013, according to Pompano Beach Commissioner Michael Sobel. 

Increases across the board are what mayor Lamar Fisher likens to “the cost of doing business,” according to the article. “You have increased pension costs, you have salary increases, and you have insurance costs, which is a major part of it,” Fisher told the Sun-Sentinel.

Hurricane Irma pushed back the budget hearing, which occurred on Tuesday, Sept. 19. A final hearing takes place on Sept. 25.