Palmetto Bay mayoral candidates weigh cuts if Amendment 3 passes
The village manager estimates Amendment 3 would cost Palmetto Bay about $2.2 million in 2027, and two of the three mayoral candidates discussed their plans.
Watch CBS News
The village manager estimates Amendment 3 would cost Palmetto Bay about $2.2 million in 2027, and two of the three mayoral candidates discussed their plans.
The head of Friends of the Miami-Dade Public Library says the property tax measure would hit services such as tutoring, language lessons and citizenship classes, while another resident expects housing savings.
The same downtown lot where 2 high-rises were once approved now has 1,000 banana plants at the center of a tax classification dispute.
Commissioners approved city budget funds to launch the CRA now, with legal action against the county planned.
A new website lets Florida property owners calculate what they'd personally save if Amendment 3 passes.
Mayor Daniella Levine Cava estimates a $385M revenue loss in year one if Amendment 3 passes.
DeSantis called the grand jury report a hoax, while Jolly said he would reopen the investigation if elected.
An economic professor says the increase may be small, but it can add up over time.
Gov. Ron DeSantis toured the state harping on the need for a major cut to property taxes, at times questioning why property taxes should exist at all.
A judge ruled the original language was misleading; the state won't appeal and is rewriting it.
Both opponents and supporters of the amendment have mixed feelings about its language.
The proposal was drafted by Gov. Ron DeSantis, who toured the state slamming the spike in property tax revenues over the last six years by local governments.
Vote No on 3, also called Stop Unfair Tax Shifts, has raised nearly $23,200 as of July 17, of which $8,300 has been spent, mostly on political consulting.
For this year, lawmakers moved the discount dates to July 20 through Aug. 20.
Industry insiders say "there is no legal basis" for Trump to impose a 20% fee on cargo transiting the Strait of Hormuz, something he now says he's decided not to do.
DeSantis said Monday he will vote for the ballot item regarding homestead property taxes, but "what the Legislature did wasn't my proposal."
Gov. Ron DeSantis has made a large property tax cut ballot measure central to his message in his last year in office, and on Wednesday, he signed two bills in line with that priority.
The amendment aims to reduce property taxes by raising the homestead exemption—the value of a home shielded from non-school taxes—from $50,000 to $250,000 over the next two years.
Florida economists project a proposed property tax cut amendment would reduce local government revenues by $46 billion over five years.
The group is called Save Our Voters From Misleading Ballot Language and the two officials are Thomas Campenni, former Mayor of Stuart, and Michael Davey, former Mayor of Key Biscayne.
The specific language that will appear on the ballot is: "SAVE OUR HOMES FROM EXCESSIVE PROPERTY TAXES".
Hallandale Beach Mayor Joy Cooper is taking to social media, asking residents what services they believe the city should cut if a proposed homesteaded property tax elimination passes.
The proposal, which voters will decide in November, would increase the homestead exemption and reduce taxable home values.
The official bill calls for a $150,000 homestead exemption in 2027, followed by a $250,000 exemption in 2028. The legislature would then be tasked with creating a long-term plan for the following years.
The Senate voted 29-6 and the House 88-11 for the tax package, which is estimated to cut state and local revenue by $272.2 million, including $105 million in state general fund revenue in the next fiscal year.
