PALM BEACH COUNTY, Fla. — Florida’s chief financial officer said Thursday that an audit by his office revealed $344 million in overspending by Palm Beach County government. He said this dollar amount is a direct result of rising property tax collections.
“That is the biggest number we have seen in the state of Florida this year,” Florida CFO Blaise Ingoglia said during a Thursday news conference in West Palm Beach.
Ingoglia’s effort, named the Florida Agency on Fiscal Oversight, has so far examined the budgets of 11 cities and counties across Florida as his office looks to reel in property taxes…