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Commission approves resolution to allow opt-out from one Live Local tax exemption if housing surplus shown
Summary
City planner explained Resolution 2025-23 to let Daytona Beach Shores opt out of a specific Live Local Act tax exemption for new rental developments if an annual Shimberg Center report shows a surplus; the commission approved the resolution 4–0.
Daytona Beach Shores commissioners voted unanimously on Dec. 2 to approve Resolution 2025-23, authorizing the city to opt out of a specific property tax exemption created by Florida's Live Local Act under conditions described in state law and the resolution.
City Planner Glen Bernstein told the commission the Live Local Act (2023) includes property tax exemptions intended to increase affordable housing…
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