Source: International Business Times
Andrea Keiser A recent statewide analysis commissioned by the Florida League of Cities found that property taxes account for roughly 43% of municipal general fund revenues in Florida, according to a Florida League of Cities analysis as reported by Florida Politics. Public safety alone consumes more than 56% of municipal general fund spending, according to coverage of the same study as reported by the Miami Times. These figures matter because the debate over eliminating property taxes is often framed as a simple question of whether homeowners will pay less.
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