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Shores aggressive in lowering town property tax rate

The Indian River Shores Town Council has voted to reduce the town’s property tax rate and its operating budget, meaning most residents will still see only a slight tax increase this fall due to swollen assessed home values while some homesteaded property owners will see their tax bills flatten. The council set the maximum property tax rate at 1.281 or $1.28 per $1,000 of taxable value. Should that rate hold through budget hearings in September a…Taxes · Indian River Shores Read Article