WPTV's Jackson Gaylor

PORT SAINT LUCIE, Fla. — Port St. Lucie residents are preparing to pay higher property taxes, despite the city lowering its millage rate for the 10th consecutive year, as soaring property values more than offset the rate reduction.

Barbara Balus of Tradition told WPTV she loves Port St. Lucie, but has concerns about the financial burden.

WATCH BELOW: WPTV's Tyler Hatfield details agenda items planned for Monday night's City Council voting Port St. Lucie property taxes rising despite lower millage rate as home values more than double

“I think my taxes are very high,” said Balus.

The city's newly proposed budget includes a millage rate of 4.97 mills, down from the previous year. However, Michelle Franklin, the St. Lucie County Property Appraiser, explained why ho

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