A measure that could land more than $60 million in sales tax rebates for the Daytona International speedway was unanimously supported by the Senate Commerce and Tourism Committee on Monday, allegedly to keep the speedway “relevant.”
Taxes
1.7 Million Floridians Could Get Lower Premiums Under Obamacare, But Don’t Know It
The premium assistance, which begins Jan. 1, will come in the form of tax credits for low- and middle-income workers and their families. The money will flow directly to the patients’ health plans, which simplifies matters and means patients don’t have to come up with cash and wait for reimbursement.
Florida Legislators Have $3.5 Billion More To Play With This Year Than Last
Forecasters added $153 million in tax revenues in the budget year that ends June 30, and $106.5 million for the year that begins July 1. Even taking into account likely policy decisions and budget increases, the state could have a surplus of $1.1 billion.
Risks, Cautions, But Mostly Needs as Flagler School Board Readies for Tax Referendum
The Flagler County School Board Tuesday evening will approve going to a tax referendum in June, asking voters to increase their property taxes modestly to preserve programs and add security in schools, but the proposal doesn’t have the unanimity two similar proposals had in the last three years.
Flagler School District Will Propose New Tax, Citing Costly Security Needs and Programs
The school board voted 4-1 to ask voters to approve doubling an existing critical-needs levy, to 50 cents per $1,000 in assessed property value–a decision Board Chairman Andy Dance opposed for being too large, citing “school-funding fatigue” among voters.
Appeal Court Rejects Taxing Online Travel Bookings, a Blow to Flagler and Other Counties
The 1st District Court of Appeal, in a 2-1 ruling, said companies such as Expedia and Orbitz cannot be forced to pay local tourist-development taxes on part of the money they collect from customers. The majority found that the disputed amounts relate to reservation charges — not to the actual amounts paid to rent hotel rooms — and described the companies as “conduits.”
Online Booking Companies’ Tax Evasion Fleeces Flagler Tourism and Florida Dues
Online booking companies like Expedia and Hotels.com are short-changing Flagler and Florida of millions of dollars in sales and bed taxes, and unfairly competing with local hotels, argues Milissa Holland, yet the Legislature is looking to give those companies more tax breaks. It’s not the way to go.
Palm Coast Water and Sewer Rates Set to Rise Up to 22% Over the Next Three Years
The Palm Coast City Council prides itself on keeping property taxes low, but its array of fees continue to increase steeply, as will utility rates if the council approves a debt refinancing plan that would let the city borrow another $15 million for utility improvements, even though growth in the city has slowed to a drip.
Amendment 3: A Fight Between Capping Taxes and Funding Government Responsibly
Amendment 3 before Florida voters on the November ballot would tighten the state’s rarely-used revenue cap, potentially giving it more teeth – something supporters say will restrain reckless spending but opponents say would gut vital services.
After Ridiculing County’s Sales Tax Revenue Compromise, Palm Coast Now Wants to Deal
In a turn-around stunning for its audacity, the Palm Coast City Council Tuesday agreed to ask the county commission to revive a compromise the commission had proposed on sharing sales tax revenue–a proposal Palm Coast rejected derisively over the summer.