PBC tax base grew by 3.7 percent in 2012 | www.mypalmbeachpost.com

The free fall in property values that Lake Worth experienced over the past five years seems to be over, but it is simply a situation where it just couldn't get any lower.  The city lost nearly two thirds of its property tax valuation over that period.  The city of Lake Worth has had no new commercial development over the past two years, so the struggle continues. Click title for link to article.