In previous years, tax rate increases didn’t mean much because they were either entirely or more than offset by decreases in property values. The end result was lower tax bills for most, even as tax rates went up. That’s over. And tax rates are set to go up in every city, too.
Taxes
A “Nasty” Government Building Highlights County’s Priorities as Budget Spells Higher Taxes
An unclear Government Services Building and what it costs to maintain it properly was emblematic of the Flagler County Commission’s budget discussion this morning, as the government faces at least a $3.3 million gap, or more, if it hires an extra custodian, no new revenue, and the likelihood of higher taxes.
Florida Loses Out on Amazon Deal, and Up to 3,000 Jobs, Over Sales Tax Fumes
In a statement issued Thursday, Gov. Rick Scott’s administration implied that if Amazon were to locate in Florida and begin collecting taxes, that would amount to a tax increase on Florida residents who use the popular shopping portal.
Speculative Bust: How Widening Old Kings Road Left Palm Coast on Hook for $6.7 Million
Palm Coast borrowed millions from its own utility fund to complete the Old Kings Road widening on the assumption that the economy would pick up and enable the city to re-finance with bonds. That never happened. Now the city is looking to recoup its money from property owners along the road, who’d agreed to a special taxing district but with optimistic assumptions of their own that never panned out.
Ending 3rd Budget Drag-Out in 8 Days, School Board Settles on $1.8 Million in Cuts
After 13 hours of at times harrowing debate, the Flagler County School Board by Tuesday evening settled on $1.8 million in cuts, sparing most programs but not Everest alternative school. The cuts will be restored should voters approve a tax referendum on June 7.
Its Value $26 Million in the Hole, Bunnell Rethinks Downtown Redevelopment Zone
Bunnell established its 800-acre downtown redevelopment zone in 2007, assuming that most tax revenue generated there could then be reinvested in the area to reinvigorate it. Instead, property values fell $26 million in the zone, forcing the city to rethink the CRA’s viability.
Closing Schools a Possibility With or Without Referendum as District Closes Budget Gap
The Flagler County School Board found the $1.8 million in cuts it needed to balance its books Thursday, but was also told that closing Indian Trails Middle, Wadsworth Elementary or Old Kings Elementary may become necessary by 2014-15 if enrollment declines persist.
Flagler County’s Budget Outlook Adds Up To $8 Million Gap and Likely Tax Increase
It’s difficult to see how Flagler commissioners will emerge from the budget process in September without either a substantial tax increase of one type or another or vast cuts in county services, though they began taking on sacred cows, such as consolidating fire departments.
Flagler School District Hones Its Sales Pitch for New Tax Ahead of June 7 Referendum
The Flagler school district is campaigning for the June 7 referendum on a new property tax for schools with a “You Decide” approach that emphasizes restoring time to the school day and reinforcing school security in spite of cuts in state funding.
Online Sales Tax On Its Way, But Phone, Cable and Web Service Taxes Would Be Cut
The measure would offset the increased revenue brought in by the measure by lowering other taxes, including the communications services tax charged on phone service, cable, and satellite TV and internet connections.