State revenue was off $878.1 million in April from an earlier estimate as tourism and hospitality-related industries, along with car sales, were grounded by the coronavirus, according to economists.
Taxes
Millions of People Face Stimulus Check Delays for a Strange Reason: They Are Poor
The IRS has had trouble getting money to people quickly because millions of Americans pay for their tax preparation through a baroque system of middlemen.
A Trump Tax Break To Help The Poor Went To a Rich GOP Donor’s Superyacht Marina in West Palm Beach
Wealthy donors Wayne Huizenga Jr. and Jeff Vinik lobbied then-Gov. Rick Scott for the lucrative tax break for the Rybovich superyacht marina in West Palm Beach — and won it. Poorer communities lost out.
Facts Dissolve in Antifreeze In Largely Misinformed Protest of Palm Coast’s Taxes and Budget
Palm Coast’s 2020 tax rate and the size of its budget drew some protesters at a hearing Wednesday, but many residents addressing the council were misinformed or mis-characterized the numbers.
School Supplies Sales Tax Holiday Through Tuesday, Back To School Jam Saturday at FPC
The 2019 back-to-school sales tax suspension, or holiday, began at a minute after midnight today (Aug. 2) and runs through Tuesday, Aug. 6. The Flagler County district’s annual Back to School Jam is on Saturday at Flagler Palm Coast High School, from 10 a.m. to 1 p.m.
Palm Coast Proposal Would Raise Property Taxes 9%; Sheriff’s Request for 6 New Deputies Not in the Budget
Though Palm Coast government is proposing to keep its property tax rate flat, a valuation increase of 9 percent will equate to a tax increase, though homesteaded property owners won’t feel it.
Flagler Property Values Rise Nearly 9%, Higher in Cities, Providing Windfall For Local Budgets
Property values are a driver of local government budgets. Generally, as values increase, local property tax revenue rises, assuming governments don’t proportionately reduce their tax rates.
Calling It ‘Fiscally Responsible,’ Governor Signs $91 Billion Budget, Vetoing Just $131 Million
Gov. DeSantis praised lawmakers for exceeding his request for spending on environmental projects and for a boost in per-student funding in public schools, though as FlaglerLive previously reported, that funding increase is not necessarily what it seems.
To Spur Town Center’s ‘Innovation District,’ Palm Coast Eagerly Gives Developers
What They Want
Palm Coast’s Town Center is finally stirring with sustained development after a decade and a half’s slumber, with generous financial breaks and changes in regulations attracting developers.
Tax Holiday Begins Friday on Hurricane-Prep Supplies Ahead of Storm Season
Floridians will have seven days to build a hurricane-season stockpile — including batteries, flashlights and radios — free of sales taxes, beginning Friday.