Palm Beach County Library System set to lose $3 million
Submitted by Anonymous Patron (not verified) on February 1, 2008 - 11:59am
With yesterday's passage of a statewide $9.2 billion property tax cut amendment, the <a href="http://www.palmbeachpost.com/politics/content/state/epaper/2008/01/30/m1a_ELEX_PROP_TAX_0130.html?imw=Y">Palm Beach Post reports</a> that the Palm Beach County Library System alone will lose $3 million dollars in funding. The amendment received the over 60% of voter approval to pass becoming the first time an amendment has passed the higher approval standard Florida adopted in 2006. Most homesteaded property owners will save $240 a year under the revised property tax structure.