The Navarre Beach Leaseholders approved an increase in the amount of commercial property taxes for fire protection at their monthly meeting Saturday. The current commercial rate is $900 for up to 10,000 square feet and $3,600 for more than 10,000 square feet. The new rate for commercial is $900 for the first 10,000 square feet and .14 cents for every square foot over 10,000 square feet.
The residential rate of $350 per unit or property will remain unchanged.
Robert Coley, leaseholder and president of the Navarre Beach Board of Fire Commissioners, presented an example by using the Springhill Suites currently under construction on Navarre Beach.
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