According to an artilce in the Naples Daily News, aided by a surge of new construction, Collier County’s taxable property values are up for the second year in a row. The larger than expected increase was due in large part to a surge in new construction in 2012. Collier County saw new construction increase to more than $503.8 million, up from $419.3 million the previous year, or about 20 percent. The city of Naples saw strong growth in 2013. Early estimates show taxable property values increased to more than $15.7 billion from $14.9 billion the previous year. That’s an about 5 percent increase over the 2012 final tax rolls. Most of the new construction the city experienced in 2012 was residential construction, with just a few commercial projects. The city saw new construction increase to more than $121 million, up from $101.1 million the previous year.
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