Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County tax collector warns Milton council about risks of PACE loans
Summary
Santa Rosa County Tax Collector Stan Nichols told the Milton City Council that Property Assessed Clean Energy (PACE) loans have caused homeowner losses in other counties and urged caution if the city is approached to allow assessments on its tax rolls.
Stan Nichols, Santa Rosa County Tax Collector, told the City of Milton work session that Property Assessed Clean Energy, or PACE, financing has produced consumer harms elsewhere and urged the council to be cautious about allowing PACE assessments to be placed on Milton tax bills.
Nichols said PACE loans are marketed as government programs that put repayment on a property tax bill and that some providers have not complied with state notice and memorandum-of-understanding…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
