COUNTY EYEING BIG CUTS SHOULD PROPERTY TAX RELIEF PASS IN NOVEMBER

Hiking city property tax rate ‘flies in face’ of looming tax cuts, Fort Lauderdale commissioner argues

Fort Lauderdale Commissioner John Herbst doesn’t want city tax rate increased to make up for lost revenues if Florida voters approve property tax cuts in November. But he’s one of five on the board.

Property tax proposal could cost Florida locals $11B

(The Center Square) – Florida counties could lose over $11 billion per year under the property tax relief proposal going before voters in November, according to a bill analysis.

COUNTY EYEING BIG CUTS SHOULD PROPERTY TAX RELIEF PASS IN NOVEMBER

Monroe County stands to lose an estimated $27.2 million in revenue by fiscal year 2028-29, if the question of cutting property taxes is approved by voters this November.  If enough Florida voters support the measure, primary homeowners would keep more money in their wallets with an increasing homestead exemption that would reach $250,000 by 2028, […]