We invite you to share your opinions as we unveil the plan to reform Florida’s property tax system. The primary way this plan will help homeowners is “Save our Homes” will be replaced by a new “super exemption.” The “super exemption” will work as follows:
-Homesteaded properties will receive an exemption of 75% of the first $200,000 in value
-In addition, homesteaded properties will receive a 15% exemption for the next $300,000 in value
I truly believe the most important message is that government can and will go on a diet. This is the first time in Florida history that there will be a cap on property tax revenues, assuring property taxes will not grow faster than family income. I look forward to hearing your opinions as we work through this complex issue.
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3 comments:
You legislators are NOT listening. What good does it do for folks to vote on a budget for the commissioners and then they are override it. Think long and hard on this part of the ideas. Does not sound like something you would be on board approving. From your past record folks expect you to get out front and suggest those also working on this to take a second look...with fresh eyes.
In 2007-2008, the local government may override the revenue cap only in combination with a public referndum.
In future years, the local government may exceed the cap by 10 percent, if approved by a 2/3 vote, or by a greater percentage, if approved unanimously.
The supermajority requirements provide at least some security to the taxpayer.
Senator Mike:
I attended the Chamber luncheon where you and Thad spoke the other day.
I'm very sorry I can't be there for public testimony, however, too busy trying to work to keep up with the taxes.
My husband and I are "the landlords" (even though we both work). We have 13 properties in Florida and are going BROKE quickly.
It is UNFAIR to talk about the janitors, cafeteria workers, etc being unemployed when the pyramid scheme of local government has gone higher and is now VERY top heavy. One cut of the high paying $120K asst county manager jobs would pay for a few cafeteria workers. We need to start there.
We also belong to a large landlord/real estate investors group and we've all been sharing our woes and each time we speak to one another we are sharing which property we've decided to "let go" (back to the bank).
We simply can't keep up any longer.
Thanks for your leadership - doing a GREAT job............
Dawn Hooley
Merritt Island
PS-your AOL mailbox is full. Probably a lot of those like me too busy to be there. Good luck.
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