A proposal to change the state’s Save Our Homes property-tax cap from 3 to 2 percent, significantly diminishing local governments’ revenue, cleared its first legislative committee on Wednesday, despite concerns that it might force counties to cut services or shift the tax burden.
Taxes
Only the Richest Ancient Athenians Paid Taxes – and they Bragged About It
In ancient Athens, only the very wealthiest people paid direct taxes, and these went to fund the city-state’s most important national expenses – the navy and honors for the gods. While today it might sound astonishing, most of these top taxpayers not only paid happily, but boasted about how much they paid.
Amendment 3: Is Yet Another Homestead Exemptions Needed, Or Prudent?
Florida voters could offer significant property tax exemptions to Florida’s teachers, firefighters, active-duty members of the U.S. military, and other specified professions, amid a relatively hostile housing market. But a well-meaning tax exemption may bring about other complications, such as a loss of local government tax revenue.
8.7% Cost of Living Raise in Social Security Checks Is Biggest Since 1981: 6 Questions Answered
How are Social Security benefits adjusted for inflation? Are the benefits taxable? What other government programs typically get a COLA? Does the tax system also adjust for inflation? Why does the government adjust benefits for inflation?
Gas Price Rise Erases Much of the Discount from Suspension of Florida’s Gas Tax
Flagler and Florida gas prices took an unexpected turn higher last week despite a cut in the gas tax timed by the GOP-dominated Legislature to coincide with the November election.
This Time Without Temper Tantrums or Deceptions, Palm Coast Adopts Tax Rate and Budget
The Palm Coast City Council approved the 2022-23 budget and the city’s property tax rate at its second and final hearing with a series of 4-1 votes. Compared to previous tax hearings at the county and the city this season, the hearing was anticlimactic, with all but numbers getting filled in and ratified.
Judge Clears Way for Challenge to Law Allowing State to Override Local Police Budget Decisions
A Leon County Circuit judge on Tuesday cleared the way for a lawsuit challenging part of a controversial protest law that gives the governor and Cabinet the authority to override local governments’ decisions about police spending.
Three Flagler Commissioners Largely Indifferent to Consequences Of Budget ‘Blown Up at the Last Minute’
The three Flagler County Commissioners who blew up the budget last Wednesday–Don O’Brien, Greg Hansen and Joe Mullins–were not interested in a detailed discussion of the consequences of their actions even as the county administrator had prepared a set of options to deal with their action and conditions, and constitutional officers even today were begging commissioners to let them know what their budget would be.
Decrying Misinformation in Face of Another Wave of Opposition, Palm Coast Approves Budget and Tax Hike, 4-1
Rejecting the second wave of pleas and demands from residents this week for a substantial property tax cut, and decrying disinformation, the Palm Coast City Council this evening voted 4-1 to adopt a budget that would keep the city’s tax rate flat, but equate on paper to a somewhat misleading 15 percent tax increase.
In Latest Switch, County Will Cut Tax Rate, Fund Sheriff’s Full Request, and Take a $1.9 Million Hit on Budget
The Flagler County Commission this evening voted 3-2 to cut the tax rate by a tenth of a point and fully fund the sheriff’s budget request, closing what had been a $700,000 difference between the county’s proposal and the sheriff’s request. The result will be a $1.9 million hit on the budget the administration had submitted to the commission ahead of today’s public hearing, the first of two to adopt next year’s budget and tax rate.