Property Valuations Increased for Sarasota County

RP - Sarasota County property valuations increased by 24 percent in the past year, fanned by a red-hot year in real estate sales.

Even
while they consider cutting the property tax rate, the extra money will
provide county commissioners more money to spend. During a budget
workshop today, commissioners are considering a $1.1 billion budget for
fiscal 2007, an increase of more than $57 million over the current
budget.

Estimated tax on a home is valued at
$200,000 with a $25,000 homestead exemption would be $2,447.
Commissioners are looking at increasing spending for transit service,
energy, healthcare and pension services.

By M. Sese
Sarasota Real Estate