Florida Property Tax Reform Dead?

An action filed in person by Weston Mayor Eric Hersh, and a court decision, all killed, but the property tax reform project. The problem is that the planned vote is flawed and confusing language. At the same time the verdict Florida legislature the right to limit local government spending confirmed.

A simple fix would be to clarify the voting summary. Make clear that anyone who decides the "Supersize" exemption would be dropping his right to the "Save Our Homes"Benefits and perhaps in the long term the effects of an uneducated vote in exchange for short-term relief.

Hersh suggests a possible intention to deceive the voters on such an important issue, and it could have long term effects on pockets of homeowners.

Fixing the coordination language should not be a difficult task, but the legislature seems to bring the matter to court, where their chances of losing are very high attractiveness. This will avoid them the embarrassment of the electorate wouldRejection. Rumors that showed a possible outcome since the recent approval polls of voters fall below 50% will happen while 60% of the minimum necessary to ensure the tax reform.

An obvious error in the vote summary is the promise of a minimum homestead exemption of $ 50,000 for all homeowners. This would not apply to homeowners who, with their "Save Our Homes exemption and its current $ 25,000 homestead exemption, allowed the new U.S. $ 50,000" opt supersized stay true 'Exemption.

Another flaw is obvious that the election summary it is not clear at all that the reform is to eliminate the 'Save Our Homes protection "for whoever takes the bait, and for the immediate" Supersize "tax would be. In addition, it fails to mention clearly that the final goal is definitely leaving, "Save Our Homes": the ultimate salvation of many Florida residents. Save Our Homes was launched in 1992 and basically keep a ceiling of no more than 3% increasethe estimated value of full-time residents homes.

"Save our Homes" is obviously a thorn in our government. Removing it seems to be the main agenda of the tax vote. After leaving, our cities will make it very easy the way their taxes regularly to the growing needs without any restriction.

What better proof than the steps to work around some cities, which are required to the tax authorities rollbacks recently by the legislature, too. Obviously, they dideither by making him voted off by a large majority of the commissioners or the not-so-subtle use of lower taxes on the one hand and on the other hand, increase their fees for many services or charging for services that were previously were free.

The "save 3 of our houses,"% limit is in fact a reasonable and equitable manner and keep tax increases within what the inflation index during the last 15 years.

However, while the "Save Our Homes" protection to the inhabitantstaxmen the government, it has created a two-class system that brings a much heavier burden on new buyers, owner of rental properties, holiday home buyers, property investors and business owners.

Suggestions?

- Hold the Save Our Homes exemption "in its current homestead status for homeowners.

- Hold the supersized homestead exemption, as stated in the proposal failed, structured ie 75% for the first $ 200,000 in assessed value, then 15% on thenext $ 300,000. This would not save them supersized exemption for the present "on the beneficiaries of our houses," who bought their present home, were protected before 2001 (they are already home from the wild gains in the last "boom").

- To extend this protection to all residences, holiday homes, rental properties and commercial properties by a cap on the valuation gains on U.S. inflation indexed.

- Have the"Portability" of their "Save Our Homes benefits" to enjoy a homeowner, currently this protection. They are currently "locked up" and not decrease after reaching the retirement age.

Of course, these reforms would not solve the immediate problems of cottages homeowners and investors would have seen their tax bills balloon during the last 4 or 5 years. May we recommend a temporary withdrawal or reduction in taxable value at 10% over the next 2 or 3 years.

No perfect solution, butIt would all of us at least some confidence in the future.

When saving the 3% cap-hour real estate ", had applied to all types of properties, regardless of their status would courtyard, perhaps our cities and counties have found a certain reserve in her uncontrollable appetite, and its growing bureaucracy and budgets ; The enormous increase in their "base" produced by the development of mushrooms have more than enough. But the auto "Bonanza" brought home by thewild-growing property values was not offset by a reduction in the tax rate. The new money only found its way into the budgets of municipalities.

The current system is not really on the needs of the government or the citizens ability to pay is based. It is under the supervision of local government to provide us as much as taxes. Save the "protect our homes" is the only exception.

My last suggestion: thrift. If we all want to keep our taxes low, we have the mandate of our localGovernments, prudent and economical approach. Citizens must also be willing to limit the scope of the services received, and also require reductions in unnecessary red tape and services exist.

It is obvious that the property tax system must be overhauled. A rushed and uninformed referendum approached with hidden effects and problems is not the solution. We are sure that this is not the way our legislative favor, and that their message will not be "that whatever we give itShe, taking or die ".

Not all hope is lost. Weston mayor has mentioned that there are other means, via a new and better proposal for elections in January. Florida Taxation and Budget Reform Commission is likely to end tax amendments directly on the ballot.

Let us hope that something will be done in time.

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