Saturday, February 11, 2012

Tallahassee tax cuts put squeeze on cities

The tax cuts are welcomed by the business community, but they come at a high cost that critics say will ultimately fall on local communities. As property tax revenues fall even further this year, local governments will again have to weigh tough decisions that run the gamut from shuttering libraries to ending social service programs to delaying new projects. With fewer options to cut after several years of concessions and layoffs, local officials may have to consider raising property tax rates, a politically dangerous and unpopular option.
What's next? De-annexing neighborhoods and telling them to privatize their governance and infrastructure if they aren't already within the jurisdiction of a mandatory membership HOA?

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