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Wednesday, November 14, 2007

Smaller Orlando-area cities face biggest hit from property-tax cut on ballot

Bedroom communities, beach-side towns would lose key revenues

Mary Shanklin |Sentinel Staff Writer
November 14, 2007
Florida's bedroom communities, such as Winter Springs and Deltona, likely will feel more pressure than cities such as Orlando to cut services or raise taxes if voters approve property-tax reforms in January.

The ballot initiative would further shift Florida's tax base away from homeowners and onto businesses -- potentially bad news for cities that have few businesses to shoulder the load.

Posted by Dover Int'l at 11:11 AM
Labels: Property Taxes

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