Administrator: Palm Beach County on the rise; extra penny will help

Palm Beach County Administrator Verdenia Baker (Lannis Waters / The Palm Beach Post)

Baker in 2016 talk (Lannis Waters / The Palm Beach Post)

Palm Beach County Administrator Verdenia Baker started her “State of the County” update Wednesday to a business group by talking about pennies.

“Thank you for your support to reinvest in our community,” Baker said at a breakfast meeting for the Palm Beach North Chamber of Commerce. She referred to the 1-cent sales tax surcharge voters approved in November. The county, the school board and municipalities will split the money, which mostly will repair and improve roads and buildings.

Now some eight years removed from the real estate crash and recession, Palm Beach County continues on the rise, Baker said.

The county has added 11,500 jobs, its unemployment rate is 5.1 percent, and it is “experiencing a healthier economy with tourism, agriculture, biotech and transportation continuing to be vibrant aspects of what makes the county a great place to live, work and play,” she said.

And, she said, “We are also enjoying record-setting tourism and a robust real estate market. Property values and home sales are up, while foreclosures and interest rates are low.”

To read more, go later to mypalmbeachpost.com.

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