Positive Negative

REVIEW SUMMARY
What. Taxable property values reaching bottom.
Issue. Will tax rates rise as values begin to turn up?
Impact. Retiring boomers and job growth are keys to higher values.

After watching property values in Pasco County plummet more than 24% in the past two years, the pace of property value decline appears to be slowing, giving some a reason for optimism.

Among the optimistic is Pasco County Property Appraiser Mike Wells. He says he's pleased with the county's preliminary 2011 tax roll, which shows that the county's taxable values slid only 2% last year.