“Bankruptcy” and “exciting news” don’t usually go together well in the same conversation. But a recent ruling by a federal court is giving Florida homeowners a window of opportunity to strip off a second mortgage, argues consumer attorney Lewis Roberts.
Taxes
Flagler School District’s Feared Budget Cut Was Vastly Overstated, But Tax Cut Is Real
A report in the papers this morning that the Flagler school district was facing an additional $3.8 million cut (or 4 percent of its budget) was premature. The state is cutting the local school tax and its revenue, but making up all the difference except $400,000, which the district has already plugged.
Another Court Ruling Favors Online Travel Companies Over County Tax Collectors, Including Flagler’s
A Tallahassee judge has sided with online travel companies like Expedia and Orbitz in a dispute over local tax obligations — a blow to counties, including Flagler, that have argued the companies weren’t paying enough.
12% Property Tax Increase and Reserves Will Close $4.6 Million County Budget Gap
The Flagler County Commission agreed in principle to raise the property tax 12 percent and use a combination of reserves and other one-time dollars to close what, going into the budget season, had been a gaping deficit provoked by new expenses, accounting issues and falling property values.
Facing $5.65 Million Deficit, Flagler County Wrestles With What to Cut and What to Tax
The deficit was reduced to $3.65 million once commissioners agreed to use reserves and include a $1 million cut in the sheriff’s budget, but their debates got more heated on what services to eliminate or reduce, and what taxes to raise–or what new taxes could be imposed.
County and School Boards Ridicule Emergency Meeting Forced by Elections Supervisor Weeks
County Commission Chairman Barbara Revels called the emergency meeting “ridiculous,” School Board member Colleen Conklin called it “nonsense,” but neither commission nor school board felt it had a choice but to comply with Supervisor of Elections Kimberle Weeks’s demand that meeting be held.
In a Stunning Reversal, Palm Coast Council Bows to Acid Opposition and Kills Utility Tax
The campaign to force the council to reverse course was brutally effective against a council that appeared willing to ignore its own history and a year and a half of its administration’s work on the matter.
County Budget, Upended By Deficit of $3 to $4 Million, Sets Off Crisis Mode–and Pitfalls
The much larger-than-expected deficit, which forced the abrupt cancellation of a budget workshop, raises questions of accountability just months before four of the county commissioners face elections either to hold on to their seats or seek a higher office.
To Little Opposition, Palm Coast Approves New Levy for Stormwater Fixes, Delays Another
To little opposition, the council voted unanimously to add a 6 percent tax on electric utility bills, adding, on average, $6.27 a month to monthly residential utility bills. The council defeated a proposal to add a second tax that would have raised an equal amount.
Going Nose to Nose, Palm Coast and The County Remain Split on Half-Cent Sales Tax
Palm Coast wants to keep the split of the half-cent sales tax revenue what it is today. Flagler County wants to change the formula, which would decrease Palm Coast’s share by $500,000. The disagreement is jeopardizing a unified approach on a sales tax referendum both sides say is critical to their revenue needs.