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.
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