Wednesday, August 7, 2019

News from Delray Beach headlined, “Delray continues to lower city tax rate”:

The excerpt below is from journalist Jane Smith at The Coastal Star datelined July 31st:

Delray Beach commissioners have unanimously approved a slight cut in the tax rate, keeping a promise to city property owners to reduce the tax rate for 10 consecutive years.

The July 9 vote capped the total tax rate at $6.86 per $1,000 of taxable value for the financial year that starts Oct. 1.

This marks the seventh consecutive year that Delray Beach is lowering its tax rate.

“I know we are trying to get things done, but I think we can drop the tax rate,” Mayor Shelly Petrolia said. “Dropping the rate would make us more attractive to people coming in.” [emphasis added]

Commissioner Adam Frankel agreed. “We will have additional fees from the new hotels opening,” he said to justify his decision.

To read the entire article published in The Coastal Star click on this link.