Jane Castor Warns Property Tax Changes Could Mean ‘Brutal Choices’ for Tampa Budget

Jane Castor warns property tax changes could mean ‘brutal choices’ for Tampa budget

She estimated the amendment would cut at least $35M in city property tax revenue in 2028 and at least $60M in 2029.

Ron DeSantis Blew a Gasket Over How the Wall Street Journal Referred to His Property Tax Relief Plan

Florida’s property tax collections nearly doubled in seven years – from $32 billion to $60 billion – while working families watched their bills climb every single year. Now Ron DeSantis is fighting to put $250,000 back in homeowners’ pockets tax-free, and the Wall Street Journal just called it a “progressive” scheme. DeSantis fired back Wednesday...

Sen. Don Gaetz Explains Why He Backed Florida Homestead Property Tax Relief Measure : NorthEscambia.com

Earlier this month the Senate and the House voted to approve putting lower homestead property taxes on the November ballot. The measure, a priority of Gov. Ron DeSantis, passed the House 75-26 and moved through the Senate on a 30-9 vote. Rep. Michelle Salzman, Rep. Alex Andrade and Sen. Don Gaetz all voted in favor. In November, [...]

Indian River County leaders warn proposed property tax amendment could cost county $50 million

VERO BEACH — Indian River County officials say a proposed constitutional amendment that would sharply raise homestead exemptions threatens to cut roughly $50 million from the county’s budget by 2028, […] The post Indian River County leaders warn proposed property tax amendment could cost county $50 million appeared first on Sebastian Daily.

Osceola County and St. Cloud Leaders to Hold Workshops as Property Tax Reform Could Reshape Local Government Budgets

OSCEOLA COUNTY, Fla. — Local leaders in Osceola County and the City of St. Cloud are holding budget workshops this afternoon to discuss what could become one of the most significant financial challenges facing local governments in years should Florida voters approve a proposed property tax reform amendment in November. The Osceola County workshop begins at 2 p.m., followed by St. Cloud’s workshop at 2:30 p.m., as officials examine the potential …

Proposed property tax exemption could reshape Milton’s budget, leaders say | Santa Rosa Press Gazette

Under House Joint Resolution 1F (HJR1F), the homestead exemption would rise to $150,000 in 2027 and $250,000 in 2028. According to the city’s impact sheet, Milton has 4,481 residential homes, including 2,051 homesteaded properties. Currently, 258 of those homes, about 12.6%, pay no city property taxes. Under the $150,000 exemption, that number would jump to 1,404 homes, or 68.5%. At $250,000, it would reach 1,958 homes, or 95.47%. The city proje…