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Property taxes rise in Port St. Lucie despite lower rates due to doubled home values, sparking affordability concerns.
Port St. Lucie residents are seeing higher property taxes despite a 10th straight year of lowering the millage rate, as soaring home values—more than doubling since 2020—outpace rate reductions.
The city’s $869.8 million budget, proposed for final approval on September 22, includes a 4.97-mill rate and allocates funds for roads, infrastructure, and 65 new positions, including 20 police officers.
Population growth to 258,575 has driven increased tax rolls, sparking resident concerns over affordability.
In a separate move, city leaders unanimously rejected a rezoning plan that would have allowed nearly 1,300 new homes on 400 acres near C-24 Canal Road, citing community concerns about unchecked growth and maintaining resident priorities.
Los impuestos a la propiedad aumentan en Port St. Lucie a pesar de las tasas más bajas debido al duplicado de los valores de las viviendas, lo que despierta preocupaciones sobre la asequibilidad.