The Palm Coast City Council today took its closest step in 25 years toward a utility franchise fee, an additional levy that would raise your power bills by up to 10 percent. Public opposition has defeated such fee proposals four times since 2011. But the council is leaving it to the voting public to decide what the fee should be, or if there should be a fee at all. The fee must be contingent on a future referendum. And the referendum must be binding.
Taxes
Amendment 5: I’m Homesteaded. I Don’t Need Another Perk To Deepen Inequalities and Hurt Local Governments.
A yes vote on Florida’s Amendment 5 on this November’s ballot means that every year, the second of two $25,000 exemptions will increase according to the previous year’s inflation rate. The indexing is not only unnecessary–the Save Our Homes cap on taxes already does that–but it’s another pander that will deepen disparities at the expense of local governments, businesses, renters and agricultural properties, all of whom will have to make up for lost revenue.
Palm Coast Council Flirting with Easing Charter Restrictions on City’s Borrowing Capacities
Palm Coast faces mountains of needs, from stormwater infrastructure to roads to a public works facility, plus some wants like parks and a future sports complex on the west side. The city’s ability to finance those needs is limited. Its revenue sources are few and spoken for. Its charter places severe restrictions on borrowing. Now, coinciding with the city’s 25th anniversary, the Palm Coast City Council wants to explore ways to ease the charter’s restrictions on borrowing.
Did Palm Coast Council Agree To Condition Any Future Electric Franchise Tax Proposal on a Referendum? Yes.
Palm Coast City Council member Ed Danko insisted during a discussion on the budget and revenue sources today that the council had agreed by consensus last year not to consider an electric franchise tax in the future without putting the proposal to a referendum first. Some of his colleagues weren’t so sure. But Danko was right.
In Sharp Retreat, Flagler Rejects Countywide Beach Tax to Focus on Barrier Island Only, and on Informing Public
A week after approving a plan in principle that would have imposed a new tax on almost all residents countywide to raise $7 million a year for beach protection, the Flagler County Commission today stepped back sharply from that plan, acknowledging that it had not done the necessary “outreach” to the public or to other local governments to ensure its success.
Nearly $1 Billion in New Construction Raises Flagler County Taxable Values 12% Over Last Year, a Salve to Budgets
“Humming along” is how Flagler County Property Appraiser Jay Gardner describes the year’s property values: powered by nearly $1 billion in new construction alone, $631 million of it in Palm Coast, taxable property values in Flagler County rose around 12 percent this year, and 13 percent in Palm Coast, about the same as last year. The estimates being finalized this week play a central role in local governments’ budgeting and taxing decisions.
Increasing Sales Tax Divides Palm Coast and Flagler County As Both Scrounge for New Revenue for Cops and Other Needs
Discussion of a possible increase in the local sales surtax sharpy divided opinions between the Flagler County Commission and the Palm Coast City Council, who were meeting jointly today to discuss funding for the sheriff’s office. The discussion divided the two bodies even within their own memberships, suggesting that any possibility of an increase is remote best this year, if that.
California Will Add 11% Tax Guns and Ammo. That Could Diminish Violence.
Starting in July, California will be the first state to charge an excise tax on guns and ammunition–11% on each sale on top of federal excise taxes of 10% or 11% for firearms and California’s 6% sales tax. The National Rifle Association has characterized California’s Gun Violence Prevention and School Safety Act as an affront to the Constitution. But the reaction from the gun lobby and firearms manufactures may hint at something else: the impact that the measure, which is aimed at reducing gun violence, may have on sales.
Ballot Proposal to Adjust Homestead Exempting to Inflation Would Hurt Renters, Businesses and Local Governments
Florida voters will get to decide in the November election whether to shield more of the value of their homes from property taxes under a proposed amendment to the Florida Constitution, but the measure might mean higher taxes for renters, landlords, and other commercial property owners.
With One Exception, Palm Coast Council is Not As Eager for Repeat of Rolled Back Tax Rate This Year
Palm Coast City Council member Ed Danko is pushing for rolling back the city’s tax rate for the second year in a row, but other council members, especially Theresa Pontieri, is resisting, citing increasing demands from residents for such services as road repairs and the sheriff’s request for nine additional deputies, costs that would be harder to meet if the rate was rolled back.