Miami-Dade tax rolls slightly better than last month’s estimate
07/01/2014 12:31 PM
07/01/2014 12:32 PM
Miami-Dade’s property-tax rolls ended up slightly higher than originally forecast, with the countywide values up 6.8 percent rather than the original forecast of 6.5 percent.
The report issued Monday by the appraiser’s office lists Miami-Dade’s property-tax roll at $210.544 billion, up from the June 1 estimate of $209.937 billion.
The higher estimate will give Miami-Dade some extra dollars for this coming year’s budget, since higher real estate values generate more property-tax revenue. But it will mean only a marginal bump. When the June estimates came in higher than the expected 4 percent gain, initial estimates had the windfall of two-and-a-half percentage points amounting to about $20 million more for a budget topping $6 billion.
Oops, you haven't selected any newsletters. Please check the box next to one or more of our email newsletters and submit again.
Oops, you didn't provide a valid email address. Please double-check the email field and submit again.
Join the Discussion
Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.