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Florida Property Taxes News!
January 15, 2008



Here some guidance on the upcoming vote on Amendment 1 on January 29.

  • Amendment 1 Provides Some Relief — Amendment 1 will provide some relief by doubling the homestead exemption for non-school property taxes, providing some portability of the homestead basis, retaining the Save Our Homes protection, and providing a 10 percent annual cap on increases to non-homesteaded property taxes for the next ten years. While some of these elements will do nothing to make our tax system fairer, the general result is a lowering of your tax burden. On that basis alone, we think it would be foolish to vote against the amendment.
  • We Need More — However, Amendment 1 is a band-aid solution to a major problem. Analysts are predicting average annual savings of just a few hundred dollars. That is why we are supporting a citizen-driven initiative to amend the Constitution and cap all property taxes at 1.35 percent, which is more fully explained at www.cutpropertytaxesnow.com. The 1.35 petition will guarantee that property taxes will be capped at 1.35 percent of the market value of any property, including those that are not homesteads.
    To support the 1.35 initiative, we need your help. We will be collecting signatures on January 29th at polling places throughout Florida. This is a great opportunity to connect with voters who care about real tax reform in our state and to collect the needed signatures to get the 1.35 initiative on the ballot.

Please let me know if you can help collect signatures. We will be organized at polling places in your area and will provide you with the petitions, signs, and other materials you would need. This is an incredibly important opportunity to work for REAL reform in Florida.

If you can help, please visit www.saveourhomesforever.com/petition.htm and sign up as a Petition Gatherer. Someone will follow up with you shortly after you sign up.

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Special Message From Governor Charlie Crist 10-30-2007about Florida Property Taxes !

Today is a great day for Florida’s homeowners. The great Florida Legislature has given the people the opportunity to create a historic $12 billion property-tax cut. This tax relief is in addition to the $15 billion tax cut passed earlier this summer. Together, they add up to $27 billion in property-tax cuts over five years. I believe Florida’s homeowners will agree – that’s good news for Floridians.

Lt. Governor Kottkamp and I visited today with homeowners who will benefit from this additional property tax relief. In Tallahassee, Jacksonville, Orlando and Port St. Lucie, we heard how people have felt locked in their homes because of skyrocketing property taxes. This is the same message I have heard as I travel throughout the state.

All over this state, retirees and “empty nesters” have been reluctant to buy smaller homes. Growing families have held back on buying bigger homes. People have lost the freedom to make the most basic choices about their lives because of high property taxes. Now, with this tax cut, if you want to move to another home, you will be able to take your tax savings with you. The transfer, or portability, of Save Our Homes will cut the assessed value of your new homestead – in many cases, by about half, depending on how long you have lived in your current home.

In addition to helping homeowners who want to move, others will benefit, too. Doubling the homestead exemption will help everyone. Businesses will receive a new $25,000 exemption for tangible personal property, which will create an even better bottom line for our state. People who own second homes will be able to better predict property-tax costs because their property taxes will never increase by more than 10 percent.

The tax-cut package put together by the Legislature is a good one that will help jump start Florida’s housing market and make Florida even more business friendly. Their work ensures that you – the people of Florida – will have the opportunity to lower property taxes even more. You have the opportunity to vote three months from today – on January 29th 2008. Now, the choice is up to you.

Usually when we hold a signing ceremony, a bill becomes law. However, the legislation I signed today is different. Instead of creating a law, it gives you the choice to cut property taxes. I congratulate the Legislature for their bold leadership and determination to pass property-tax cuts. But what they have done represents only the first step. The power to cut property taxes is now in your hands. Today is a great day for you, people of Florida – our bosses, but your approval of additional tax cuts could make January 29th an even better day.

May God bless you and the great state of Florida,

Charlie Crist

 

 


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