All those that see this as no more than a desired tax cut, are missing the element of dismissed home rule. The proverbial sh%# will hit the fan when people realize Tallahassee is making the local spending decisions.
In 2 years we will be “celebrating “ the 60th year of a consolidated government. We have yet to provide the funding to adequately fulfill the promises made to people in certain zip codes. Amendment 3 will kill any chance of ever doing so. By the way, the elected official with the highest favorable rating is going to ask for millions more to his budget that needs to be doged.
It occurs to me that the sprawling burbs already have what it takes to make their residents vote Yes.
The legislation protects their public schools and the residential densities support charter schools.
Municipalities/Counties are already studying how to protect police and fire and EMT services.
The medical "industry" has expanded rapidly - look no further than St, Johns County.
FPL has a strangle hold on water & power infrastructure with new extensions.
Comcast, AT&T, Teco Gas, Verizon, etc - compete to build and extend their services.
That leaves roads, libraries, parks, commons, social services, maintenance, and other tax-funded initiatives.
I think the the families buying cookie-cutter $450,000 look-alike houses are comfortable that they made the right choice - they have the schools, private parks, new (landscaped) roads, athletic programs, underground (protected) power & telecommunications, fancy (often secured) entranceways, Development of Regional Impact / Community Development District & Homeowner Association funded infrastructure and amenities, adjacent retail & commercial businesses catering to every need/want - and an overall built environment that they find comfortable in that old white-flight mind-set.
I think they will be inclined to Vote Yes - it will help offset the fact that their home values may flatline, since so many of the homes are essentially the same, with little differentiation from neighborhood to neighborhood and even less distinction of style, architectural expression, materials, features and yards.
How will this amendment #3 affect the CoJ’s stadium funding agreement? It’s a $750 M +/- multi-year commitment. I don’t recall the funding sources, but I seem to recall its funding source is property taxes.
Good question. My math skills go little beyond balancing, or trying to balance, my checkbook. But, I am wondering how 3 will affect taxes of multi-billionaire MAGA whisperer Ken Griffin who bought a Cocount Grove house in 2022 for nearly $107 million?
The schedule in the amendment mandates elimination of property taxes on values under $250K, except for schools, over the next several years. Section 4.A.1 call for non-school property taxes to fall to zero over a prescribed time schedule. Griffin’s non-school property taxes will decline over time to zero. That same phenomenon will occur all along the coastal area.
The non-school related property taxes of the taxpayer subsidized multi-million condos Khan is building across from the stadium will also through time fall to zero $.
This amendment implements a very regressive tax structure. A progressive amendment would reduce property taxes on values up to $250K, and substantially increase property taxes on values over $250K. A $50M home should be assessed a much higher property tax, after all, the fire dept is protecting a much more valuable asset, etc.
What I think the state legislature wants, the GOP led ones, is for cities and counties to come begging to them for “gap” funding, then they can reward or punish based on what they perceive as loyalty to their causes. Woke, or not woke, for example. So it’s local control over local spending that is a huge concern. And needs to be in the opposition communication.
Yep, our governor and his cronies have proposed to eliminate (or greatly reduce) property taxes in the state formerly known as Coahuila y Tejas. And as in Florida, our governor hasn't bothered to explain what would happen next.
All those that see this as no more than a desired tax cut, are missing the element of dismissed home rule. The proverbial sh%# will hit the fan when people realize Tallahassee is making the local spending decisions.
In 2 years we will be “celebrating “ the 60th year of a consolidated government. We have yet to provide the funding to adequately fulfill the promises made to people in certain zip codes. Amendment 3 will kill any chance of ever doing so. By the way, the elected official with the highest favorable rating is going to ask for millions more to his budget that needs to be doged.
Watch the Suburbs - there's 3
It occurs to me that the sprawling burbs already have what it takes to make their residents vote Yes.
The legislation protects their public schools and the residential densities support charter schools.
Municipalities/Counties are already studying how to protect police and fire and EMT services.
The medical "industry" has expanded rapidly - look no further than St, Johns County.
FPL has a strangle hold on water & power infrastructure with new extensions.
Comcast, AT&T, Teco Gas, Verizon, etc - compete to build and extend their services.
That leaves roads, libraries, parks, commons, social services, maintenance, and other tax-funded initiatives.
I think the the families buying cookie-cutter $450,000 look-alike houses are comfortable that they made the right choice - they have the schools, private parks, new (landscaped) roads, athletic programs, underground (protected) power & telecommunications, fancy (often secured) entranceways, Development of Regional Impact / Community Development District & Homeowner Association funded infrastructure and amenities, adjacent retail & commercial businesses catering to every need/want - and an overall built environment that they find comfortable in that old white-flight mind-set.
I think they will be inclined to Vote Yes - it will help offset the fact that their home values may flatline, since so many of the homes are essentially the same, with little differentiation from neighborhood to neighborhood and even less distinction of style, architectural expression, materials, features and yards.
That's "My Two Cents', (another 3).
Thank you very much - Rick
How will this amendment #3 affect the CoJ’s stadium funding agreement? It’s a $750 M +/- multi-year commitment. I don’t recall the funding sources, but I seem to recall its funding source is property taxes.
Good question. My math skills go little beyond balancing, or trying to balance, my checkbook. But, I am wondering how 3 will affect taxes of multi-billionaire MAGA whisperer Ken Griffin who bought a Cocount Grove house in 2022 for nearly $107 million?
The schedule in the amendment mandates elimination of property taxes on values under $250K, except for schools, over the next several years. Section 4.A.1 call for non-school property taxes to fall to zero over a prescribed time schedule. Griffin’s non-school property taxes will decline over time to zero. That same phenomenon will occur all along the coastal area.
The non-school related property taxes of the taxpayer subsidized multi-million condos Khan is building across from the stadium will also through time fall to zero $.
This amendment implements a very regressive tax structure. A progressive amendment would reduce property taxes on values up to $250K, and substantially increase property taxes on values over $250K. A $50M home should be assessed a much higher property tax, after all, the fire dept is protecting a much more valuable asset, etc.
Thank you so much for the fact-based exposition!
What I think the state legislature wants, the GOP led ones, is for cities and counties to come begging to them for “gap” funding, then they can reward or punish based on what they perceive as loyalty to their causes. Woke, or not woke, for example. So it’s local control over local spending that is a huge concern. And needs to be in the opposition communication.
Yep, our governor and his cronies have proposed to eliminate (or greatly reduce) property taxes in the state formerly known as Coahuila y Tejas. And as in Florida, our governor hasn't bothered to explain what would happen next.