Monday, June 4, 2007

Legislators Agreeing on Property Tax Rollbacks, Spending Caps

For those eagerly awaiting results of the ongoing property tax negotiations among state legislators, an indication of progress was recently provided. On Friday, Florida House and Senate leaders agreed on several key measures which would reduce property tax burdens being felt by individuals across the state. These measures include rolling back tax increases imposed by cities and counties and placing caps on the spending of property tax dollars collected in the future. The natural differences existing among cities and counties is also recognized in that those areas which have collected the most money from taxpayers would proportionately cut the most taxes.

Addressing the flexibility of these proposals, Senator Haridopolos stated, "We think it's fair because it's not punishing the counties that have not been the bad actors. I think this is a significant advance."

Read More:

News-Press

Miami Herald

St. Pete Times

Orlando Sentinel

2 comments:

Anonymous said...

Folks like having the option of keeping their Save the Homes until they decide to move. Also the county commissioners in county like Brevard need to stop using scare tactics. Questions being asked why are school taxes exempt from these rules. Also why should local government be allowed to override the voted caps. Folks may need a more concise explanation on that these questions...and one papers will print.

Anonymous said...

"Local governments could override the rollback by a supermajority vote of the city or county commission."
Just read the above quote in a newspaper. is this tgrue? How in the world would someone want the rollback decision in the hands of the very ones who are spending out of control. Even if theyh are conservative ....Why not let the folks of the county decide or why bother to have it as a law in the first place.