https://www.wsj.com/us-news/florida-state-property-taxes-f5921237
Vincent Long, the administrator for Leon County in Florida, is in a race to slow the county’s spending. So far, he has frozen hiring, cut travel and other expenses, and begun a yearlong analysis for commissioners on how best to restructure the county’s finances and organization.
Leon County, which includes Tallahassee, has cast a closer eye on its coffers under a new measure to slash property taxes in the state. This is where things get strange: The measure isn’t even law—yet.
Florida residents will vote on the proposal in November. If it passes, it would dramatically reduce property taxes for many homeowners. The initiative could prove popular in a state where the cost of owning a home has spiraled. So city and county managers across the state are making their plans now for a massive drop in revenue.
“It’s not a haircut, it’s an amputation,” Long said. “You can’t make a historic change to our primary revenue source without also making a historic change to the very role and function of government.”
The proposal is spurring urgent responses from local governments faced with the prospect of plummeting tax revenue. Cities and counties are scrambling to prepare for a potential overhaul of how they pay for all sorts of services, from policing to pothole repairs.
Apparently voters/citizens are unhappy with the value received from local government.
In the K economy the middle class has less money.
Many voter/citizens in Florida are seniors and may be on fixed income.
