The Real Deal Miami

$100 million short, Palm Beach County could see 13 percent property tax increase

June 09, 2010 09:45AM

Palm Beach County Administrator Robert Weisman

Facing a $100 million budget shortfall, Palm Beach County has proposed a roughly 13 percent property tax rate hike, one year after raising
the rate by 15 percent, according to the county’s new 2010-11 budget
proposal. County Administrator Robert Weisman’s proposed budget calls
for raising the property tax rate to $4.93 per $1,000 of taxable value,
which he says is needed to generate the same revenue in 2011 as in 2010. That means a $230,000 home with a $50,000 Homestead
Exemption would see county taxes rise to about $900. Critics say the government is spending too
much and that in an economic crisis, back-to-back property tax increases are
unwarranted. [Sun Sentinel]