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Collier County's final property values are up, slightly, over early estimates.

In numbers released this afternoon by the Collier County Property Appraiser's Office, Collier values jumped about half a percent—from 6 percent to 6.5 percent from estimates earlier this month.

This value will be the number used by county budget planners as they tweak proposals for fiscal year 2015.

The value of new construction in the county went up by close to 6 percent, from 48.25 percent to 54.06 percent, signaling robust building in the county.

The increase will translate into about $636,000 in additional tax revenue for the general fund and is about 2 percent—or $3 million above budget planner's expectations for 2015, according to county documents.

This additional revenue will enable county leaders to build reserves, reduce the debt and clear a backlog of worn down assets. Collier deferred more than $50 million in asset replacement over the past seven years due to budget constraints imposed by the recession.

The county's 2015 budget proposal allots more than $8 million to help replace equipment, government infrastructure and road maintenance while keeping tax rates static.

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