Monday, August 30, 2021

Palmetto Bay – bucking the trend. Raising the tax rate when 29 other local governments are either holding the line or reducing. Your money at risk (part of a series)

29 local governments plan on holding the line or actually reducing the upcoming property tax rate. But bad news for Palmetto Bay residents as our village is not one of those 29 municipalities. This is great news for most that live in Miami-Dade. 

Why is Palmetto Bay trending the other way; one of only 6 to raise the rate. Why? When did the Palmetto Bay officials blow up our budget? Government lite is dead in Palmetto Bay. 

The Miami Herald ran a story regarding the property tax status for Miami-Dade County Governments over the weekend (Sunday, 8/29/2021), please look for it if you are a Miami Herald subscriber.

And Palmetto Bay's current elected officials can't point fingers. The current mayor was left flush with money and reserves and even touted the strong financial state of the Village at her first State of the Village Address. That in itself is an admission that it has all gone south under her watch, her administration. This is also the second consecutive year that the property tax rate is being increased in Palmetto Bay.

Please note that this is part of a series. I still have to cover the non-ad valorem tax increases slated for the upcoming year. As I have stated before, your current elected officials are wrong, it is not 'pennies a day'. Tracing the true tax increases in Palmetto Bay since Dec 2018. Property taxes 101. How “pennies a day” actually equals a $138.40 increased tax bill for a $400,000 tax value home.

Where did the current Palmetto Bay officials go wrong? I'd like to look at the budget, but it still remains hidden from the public! (See: Where's the budget? What happened to transparency in Palmetto Bay?) - there was once a time when Palmetto Bay officials had the proposed budget posted online for all to view well in advance of the September budget season. Times have changed. This government believes that we the residents are on a need to know basis and they obviously don't want to upset up having to read this upcoming tax, tax and tax budget too early. 

Palmetto Bay sure has a new direction: Higher taxes and no transparency


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