Coral Gables’ Property Values Unchanged–No Taxpayer Relief Coming

Is this good news for Coral Gables’ taxpayers?

  • There is no hope of getting any relief from the city commission on property taxes this year;
  • The double dip in real estate values right now (not included in these new estimates) means next year’s property values will hold constant or fall in Coral Gables–again, no relief in property values;
  • Property assessments are mess–there will be many challenges to the assessments.
  • With Renaissance Debt and Spending Program being more important than than careful, conservative financial management to the commissioners and city manager, there will be no tax relief now or in the future.

Dear Taxpayers:  elections are a waste of time.

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

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