Ron DeSantis Shares Update on Florida Property Tax Plan
Summary
Florida Governor Ron DeSantis announced that his administration is planning new ideas to change how property taxes work in the state. He has not provided specific details yet, but he has suggested the goal of tackling the overall property tax system, which is important for local government funding in Florida.Key Facts
- Governor Ron DeSantis spoke about property tax changes in Florida at an event in Naples.
- He mentioned the possibility of making significant changes to property taxes but did not give specific details.
- Florida's average property tax rate is 0.74%, which is lower than in many other states.
- Property taxes in Florida make up a substantial part of local budgets, including county and school funding.
- DeSantis indicated that property tax revenue in Florida increased from $32 billion to $60 billion during his time as governor.
- A state Senate resolution, HJR 201, proposes eliminating non-school property taxes for homesteads, which could cut property taxes by 55-60% but not remove them entirely.
- Critics and experts express concern that reducing property taxes could reduce funding for education and infrastructure.
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