State of the City Warning from the Mayor: More Taxes to Come

Mayor Slesnick (according to a report of the Miami Herald) gave clear warning to Coral Gables’ businesses and residents that they will pay more taxes in the future.

“We are trying to lay a foundation and the groundwork for a city which will move aggressively into the future at an affordable cost,” Slesnick said. “We are looking at several more years of extremely challenged times because of the unpredictable nature of the ad valorem tax base.”

About Stephen E. McGaughey
International consultant in financing development programs and projects

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