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Council members warn proposed property-tax changes could cost Boca Raton about $58 million in first year
Summary
At the Feb. 23 workshop, council members discussed House Joint Resolution 203 (Florida property-tax changes); one councilor said the removal of a 10-year phase-out could amount to a roughly $58,000,000 negative budget impact in the first year and prompt broader local fiscal challenges.
Council members used the Feb. 23 workshop to raise alarms about a proposed statewide property-tax change that they said could sharply reduce local revenues.
Council member Drucker summarized recent developments in Tallahassee, saying House Joint Resolution 203 (the Florida property-tax matter) had moved quickly and that language removing a previously discussed 10-year phase-out would…
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