Palm Beach County OKs capping property tax rate

Post on Growth

Post on Growth

moneyPalm Beach County Commissioners voted Tuesday to cap the 2016-2017 property tax rate at no more than its current $4.78 per $1,000 of taxable value. That would keep the rate unchanged for a sixth straight year.

If the proposed budget is approved, the county would collect $786.7 million in property taxes, $56.8 million more than was collected in 2016 because property taxes have continued their post-recession climb.

 

To read more, go later to mypalmbeachpost.com.

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