Tax Commission Member Addresses Tampa City Council
The first half of the biggest tax cut in Florida's history became law today with the governor's signature. . The bipartisan measure is expected to slash just over 15 and a half (b) billion dollars in local property taxes during the first five years. But those reductions will be spread across-the-board to all classes of property. The estimated average cut for a primary homeowner is 174 dollars, or seven percent, in the first year. Second homes and other residential properties are estimated at 199 dollars, also seven percent, and commercial-industrial at 941 dollars, or six percent. Florida voters next will decide whether to adopt the second half of the plan on January 29th.
Meanwhile, a member of the stateâ€™s Taxation and Budget Reform Commission made his 2nd appearance in front of a local government body in 2 days today.
Carlos Lacasa is a former state legislator from Miami. He addressed the Tampa City Council this morning (roll tape#1 o.q.â€a lot of work to doâ€)
Echoing what has been some of the strongest criticism of the measure signed by the Governor, Councilman John Dingfelder said he was surprised that the legislature did not address how high property taxes are hurting small businesses and landlords (roll tape#2 o.q.â€similarâ€)
The Taxation and Budget Reform Commission is constituted every 20 years . Lacasa says he and other Commission members are visiting local governments before they begin holding Town Hall Meetings in the fall.
Lacasa said its purely coincidental that the Commission is meeting this year, when the escalation of Property taxes and how to give everybody equal relief has become the dominant issue in state government (roll tape#3 o.q. â€œa 2nd bite at the appleâ€)
The Taxation and Budget Reform Commission CAN put referenda on the ballot next year without legislative approval.comments powered by Disqus