Property Tax Amendment to Save Owners, Hit Local Governments

Florida economists project cities and counties to lose $12 billion under property tax plan

If Florida voters decide to slash their property tax bills in November, local governments will lose $12 billion annually in revenue by early next decade, according to an analysis by nonpartisan economists.

Property Tax Amendment to Save Owners, Hit Local Governments

By Gray Rohrer, The News Service of Florida  If voters approve the property tax cut on the November ballot, cities, counties and special taxing districts will lose nearly $5 billion the first year, and nearly $12 billion in the fifth year, according to projections developed by state economists Friday. Homestead owners will be the initial beneficiaries of the amendment, but non-homestead owners, including businesses and those who own vacation hom…

Florida Politics DOME Briefing: Fishback Fallout, AG Race, Property Tax Fight

Florida Republicans draw a line in the Governor’s race while a major tax fight moves toward voters and statewide campaigns begin taking shape. TALLAHASSEE, Fla. — Florida’s political landscape enters a pivotal week as Republican leaders move to tighten control over the gubernatorial primary, Attorney General James Uthmeier officially prepares for a general election battle, […] The post DOME Briefing: Fishback Fallout, Attorney General Battle Lin…