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Tuesday October 21st 2014

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County and city governments take another hit on revenues

Florida voters passed three amendments that will expand property tax exemptions. The estimated cost to Escambia County alone is about $1 million next year:

These passed:
Amendment No. 2
Veterans Disabled Due To Combat Injury; Homestead Property Tax Discount

Amendment No. 9
Homestead Property Tax Exemption For Surviving Spouse Of Military Veteran Or First Responder

Amendment No. 11
Additional Homestead Exemption; Low-Income Seniors Who Maintain Long-Term Residency On Property; Equal To Assessed Value

All the other amendments proposed by the Florida Legislature failed to get the necessary 60 percent of the vote.