Got Your Property Tax Bill from Miami-Dade and Coral Gables?
August 25, 2010 Leave a comment
The so-called property tax bill (“Notice of Proposed Property Taxes and Proposed or Adopted Non-Ad Valorem Assessments” Miami-Dade County Taxing Authorities) shows that your tax bill may go up by 9.3%.
If you live in Coral Gables, 24% of the increase is from the City of Coral Gables, 37% is from Miami-Dade County, 21% is from the school district, and 14% is from voter-approved debt payments, and the balance in minor items.
These are huge increases in property taxes given that the inflation rate is around 1% or less. One may wonder if governments can be so insensitive about the consequences of such big increases.
About Stephen E. McGaughey