Miami-Dade mayor proposes property tax reduction

Miami-Dade Mayor Daniella Levine Cava proposed a property tax reduction of 1% for the first time in a decade

Levine Cava included the proposal in the $10.3 billion budget. The property tax rate of $467 per $100,000 of taxable value would go down to $462.

“We owe it to our residents struggling with rising costs of living to provide immediate relief,” Levine Cava said.

If approved, the reduction goes into effect on Oct. 1.

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