IRC looking at higher property taxes By Rachel Leigh | July 18, 2013 at 12:53 PM EST - Updated July 25 at 6:42 PM VERO BEACH, FL (WFLX) - For the first time in five years, property taxes could be on the rise in Indian River County. County commissioners brought up the topic during Wednesday's commission meeting. The proposed increase would raise the current property tax level up by seven percent. According to our news partners at Scripps Treasure Coast Newspapers, a large chunk of the revenue brought in from the tax increase would go towards the sheriff's office. Sheriff Deryl Loar told commissioners he needed more money in his budget to give employees raises. The sheriff says his 460 employees haven't had a raise in five years. To make this possible, the sheriff says he needs an extra $1.8 million in his budget. The budget is currently set at $37 million. Residents have the chance to voice their opinion on the matter. There will be two public hearings on the proposed tax hike. They will take place on September 11 and 18. Copyright 2013 WFLX. All Rights Reserved.