County taxable values decrease in 2010
Preliminary numbers released by Property Appraiser Ken Wilkinson on Wednesday estimate that Lee County’s taxable values decreased by 5.29 percent in 2010.
Wilkinson said the county has lost 50 percent of its total value since the boom days of 2005, but has likely found “truth in millage” as the county’s 91 taxing authorities now work on setting their various millage rates.
Wilkinson also said he doesn’t anticipate too much change between estimated and final values, due to the state by July 1.
“All these years I’ve never seen more than a 1 percent change,” Wilkinson added.
Fort Myers values decreased by 6.97 percent; Cape Coral dipped by 4,87 percent; Sanibel saw 1.16 percent decline in values; Bonita Springs’ values decreased 5.83 percent; and Fort Myers Beach values decreased 6.7 percent, according to the estimates released Wednesday.
County taxable values decrease in 2010
Preliminary numbers released by Property Appraiser Ken Wilkinson on Wednesday estimate that Lee County’s taxable values decreased by 5.29 percent in 2010.
Wilkinson said the county has lost 50 percent of its total value since the boom days of 2005, but has likely found “truth in millage” as the county’s 91 taxing authorities now work on setting their various millage rates.
Wilkinson also said he doesn’t anticipate too much change between estimated and final values, due to the state by July 1.
“All these years I’ve never seen more than a 1 percent change,” Wilkinson added.
Fort Myers values decreased by 6.97 percent; Cape Coral dipped by 4,87 percent; Sanibel saw 1.16 percent decline in values; Bonita Springs’ values decreased 5.83 percent; Fort Myers Beach values decreased 6.7 percent, according to the estimates released Wednesday.