Property Values Down Again: Taxpayers Be Aware

Baker’s bad news includes up to $400 million more in state Medicaid expenses and $150 million less in school property tax collections due to a 1.2 percent drop in real estate values than previously predicted for 2011-12.

via Florida’s 2011-12 budget outlook getting gloomier – BusinessWeek.

About Stephen E. McGaughey
Resident of the City of Coral Gables

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