The Mouse That Roared

Another victory.

A few months ago we told you how St Lucie County was earning interest at 18% on $13 million of uncollected taxes, most of which was due the City of Port St Lucie. How the county, without putting up a dime, was earning some hefty interest on nothing but an accounting entry. You can read about it here, Money For Nothing. Last month we laid out the situation with City Center, the unpaid taxes and the undeveloped land. You can read about it here, Port St Lucie City Center Problem. Tuesday’s front page article in the TCPalm told how the county would finally put the City Center property up for auction. Just a coincidence? We think not. (more…)