Letter: There’s no need to raise taxes in Palm Beach Gardens

I request there be no property-tax rate nor sales-tax rate increases in Palm Beach Gardens. Consider:

  1. The Post in the April 29 issue reported a growth in property values of 7.2 percent for the City of Palm Beach Gardens from 2015 to 2016. Property taxes are projected to generate $60 million of the General Fund budget in 2016. The 7.2 percent growth in property values would add approximately $4.32 million.
  2. It has been reported that sales of commodities covered by the sales tax grew by 7.4 percent in this area. The PBG General Fund budget for 2016 includes approximately $3.8 million from the half-cent sales tax. The 7.4 percent growth in commodities sold covered by the sales tax would add approximately $280,000.
  3. PBG would receive approximately $4.6 million from the combination of 1 and 2 above. The PGA General Fund budget for 2016 is approximately $75 million, and $4.6 million is 6 percent more revenue, with no increase in the property-tax rate or the sales-tax rate.

Therefore, no addition to the property-tax rate or the sales-tax rate is necessary, because their natural growth will produce substantial additional revenue.

RICHARD DUNN, PALM BEACH GARDENS

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