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Editorial: Palm Beach Town Council s allocation for budget surplus makes sense

Palm Beach Daily News editors Emerging from the COVID-19 pandemic, the town s finances are in their best shape in years, thanks to a red-hot real estate market. The Town Council last week found itself in the enviable position of having a $2.7 million budget surplus, courtesy of an unprecedented rise in property values brought on by the buying spree. Like a lottery winner suddenly flush with cash, the council spent part of Thursday debating how to spend the jackpot. The winners: a tax cut, replacing the moldy North Fire-Rescue Station, and cost-of-living increases for town staff. To come up with the tax cut, board members agreed to lower the property tax rate from the current $2.99 per $1,000 of taxable value to $2.95 per $1,000 of value when casting final votes for the 2021-22 fiscal year, which begins Oct. 1.

Editorial: Is eliminating Saturday construction worth extending projects?

Editorial: Is eliminating Saturday construction worth extending projects?
palmbeachdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from palmbeachdailynews.com Daily Mail and Mail on Sunday newspapers.

Editorial: Town officials correct to push for building safety inspections

Editorial: Town officials correct to push for building safety inspections
palmbeachdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from palmbeachdailynews.com Daily Mail and Mail on Sunday newspapers.

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