Saturday, November 10, 2007

The Florida League of Cities Opposes New Tax Amendment

The Florida League of Cities, wrapping up an annual legislative conference in Orlando, decided Friday to fight a $12 billion property-tax relief package that lawmakers placed on the Jan. 29 ballot.

"It really fails to deal with the disparities and the inequities in our current tax system," said John Thomas, the league's legislative director. "It further exacerbates an unfair system."

The League has been critical of the proposal since lawmakers struck a last-minute compromise in a special session last month.

It asks voters to approve constitutional changes that would double the $25,000 homestead exemption for homes worth more than $50,000 and would allow homeowners to take their Save Our Homes assessment cap savings with them when they move to new Florida homesteads.

The proposal also would grant a 10 percent Save Our Homes-like cap to nonhomestead property and give businesses a $25,000 exemption for the taxes they pay for equipment and other personal tangible property.

Thomas said the League is disappointed that the measure does nothing to offset the increasing burden the Legislature has placed on local property owners to pay for schools over the past eight years while cutting state budgets in Tallahassee.


  
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