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Episode 81 - What happens if the state eliminates property taxes?
1 month ago
18
This extensive fiscal impact analysis dated August 7, 2025, examines the consequences of eliminating property taxes in Florida, with a specific focus on St. Johns County. It thoroughly details the county's financial structure, including its reliance on property taxes for 21% of its budget, and explores alternative revenue sources like sales taxes and user fees. The report also addresses the complex legal and constitutional hurdles involved, such as the need for a constitutional amendment and the implications for existing debt obligations. Ultimately, it provides actionable recommendations for the county and residents to prepare for such a significant shift in local government funding.
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