Monday, August 4, 2008

Port St Lucie Property Taxes

You can discover and learn what is going on in the City of Port St Lucie by clicking on to the above link. The good news I wanted to share with you is this (which I have copied and pasted from the city's website), for your information.

City Council To Leave Property Tax Rate Unchanged

The City Council will leave the property tax rate of $4.22 per $1,000 of assessed value unchanged for the 2008–2009 budget year. The city’s rate—it's lowest since 1989—is one of the lowest among Florida’s larger cities and the lowest on the Treasure Coast. Given the pressure on the city's budget from lower revenues resulting from state-mandated cutbacks and lower property valuations, maintaining the low rate means some services may be reduced in the years ahead. For the past 18 months, in anticipation of lower revenues, the city has been doing everything it can to limit expenses to minimize the disruption of services to residents. You can click on to the above link to find out more information.

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