The City of Sarasota is looking at an additional $5 million in the city coffer’s due to property value increases over the past year. City leadership are reviewing the 16% increase to find the best ways to spend the residents money. A few ideas include more robust ‘smart city’ technology and bringing back services that were previously cut due to COVID impacted positions. You can read more about the increases and next steps by reading Your Observer’s article, “Sarasota property tax values to increase by nearly 17% over 2021”.
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