HomeMy WebLinkAbout2007 05 03 Property Tax Reform, An Honest LookPROPERTY TAX REFORM
AN HONEST LOOK
PROPERTY TAX REFORM
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WHAT NEEDS TO BE DONE?
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WHAT NEEDS TO BE DONE
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WHAT NEEDS TO BE DONE?
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WHAT NEEDS TO BE DONE?
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WHY HAS PROPERTY TAX USE INCREASED?
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SCHOOL COSTS
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SCHOOL COSTS
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SCHOOL COSTS
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SCHOOL COSTS
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SCHOOL COSTS
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LOCAL GOVERNMENT COSTS
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LOCAL GOVERNMENT COSTS
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LOCAL GOVERNMENT COSTS
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LOCAL GOVERNMENT COSTS
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LOCAL GOVERNMENT COSTS
LGCI VS. CPI 2000-2006
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LOCAL GOVERNMENT COSTS
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UNFUNDED MANDATES
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UNFUNDED MANDATES
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FOR EXAMPLE
FLC LEGISLATIVE ALERT
IMMEDIATE ACTION REQUESTED
WORKERS COMPENSATION FOR FIRST RESPONDERS
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FOR EXAMPLE
DO NOT PASS UNFUNDED STATE MANDATES IN ADDITION TO PROPERTY TAX REFORM
WITH SIGNIFICANT REDUCTIONS OF LOCAL GOVERNMENT REVENUES.
THE BILL WILL HAVE AN ESTIMATED MINIMUM $11 MILLION YEARLY IMPACT ON CITIES AND COUNTIES.
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.
rLWI..Ilgnjficant reductions ofJ.ggU Government revenues.
. The bill will have an estimated
cities and counties.
impact on
. The estimated $11 million yearly impact fI
JmJ2gJ aovemment.l..itlat setf-insure workers' comDensation. (If your
city self-insures, please estimate the fiscal impact for your city.)
. ~ imDact on cities and counties will~ significant~
.$1.1 mWion yearl.L
. Pension disability exoenses will increase. adding additional costs to cities
and counties.
. IDies OptinG Out ~ Security Proaram:
The bills provide that the permanent total supplemental workers'
compensation benefits received by a first responder whose employer does
not partidpate in the social security program do not terminate after the
first responder attains age 62. This provision will likely be very costly for
cities that opted out of the social security program.
. nill vC)ur l&5I1II.IJors to vote 1\NO" on any bill givinV speeli'll l?eneflll...m
~
MORE UNFUNDED MANDATES
EXAMPLES INCLUDE:
THE FLORIDA LEGISLATURE'S RETREAT FROM FUNDING
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LOCAL GOV'T GROWTH
THE FISHKIND STUDY CONCLUDED THAT 17% OF NEW DOLLARS GENERATED IN THE PAST SIX YEARS HAVE BEEN
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New Property Tax Revenues
vs.
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New Property
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I ncreased Cost
to Mai ntai n the Status Quo
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Public Safety vs. Property Taxes
Public Safety Cost Increases
Property Tax Revenue Increases