New home construction in Miami, Florida. A recovery in prices boosted property tax collections to their highest level since 2009. Photo: AFP

Cash-strapped US cities starting to spend again

Property-tax collections in the US rose to US$182.8b in the last three months of 2013, boosting the revenues of local governments

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New home construction in Miami, Florida. A recovery in prices boosted property tax collections to their highest level since 2009. Photo: AFP
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