Property values in the city of Sarasota will drop nearly 11%, according to estimates from the Sarasota County property appraiser’s office.
The 2010 estimated total taxable value for property within the city limits is $7.3 billion, a decline of 10.78% from 2009.
Chris Lyons, the city’s director of finance, says the city will have to cut more than $5 million from next year’s budget as a result.
The city’s property values dropped 11.31% last year.
Estimated property values across all of Sarasota County dipped 9.77% this year to $44.6 billion.
Bill Furst, Sarasota County property appraiser, said the values could change slightly between now and July 1, when the official numbers are released.
Contact Robin Roy at firstname.lastname@example.org.
Currently 0 Responses
29 Basic Obedience 1 - K9 Training Course
30 Laughter Yoga Leader Certification Training
9:00 am - 6:00 pm
1 Urbanfit Round 3
6:00 am - 7:00 am
1 Meet the Sky
Sarasota resident Sol Carson celebrated his 100th birthday Aug. 15, at the Jewish Family and Children’s Services of Sarasota Inc. The birthday party included cake, singing and family. Carson, a South Philadelphia native, lives in Sarasota with his son, Charles.
The St. Boniface Youth Group held an ice cream social for families Sunday, Aug. 17, in Siesta Key Village.
Calling all four-legged models! The Humane Society of Sarasota County will be accepting entries for its 3rd annual “The Real HousePets of Sarasota County” Pet Calendar and Photo Contest.