Episode 81 - What happens if the state eliminates property taxes?

28 days 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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