Loading...
HomeMy WebLinkAbout04-174RESOLUTION NO. 04-174 A RESOLUTION OPPOSING A PROPOSED CONSTITUTIONAL INITIATIVE PETITION TO INCREASE THE HOMESTEAD EXEMPTION BY $25,000; AND PROVIDING AN EFFECTIVE DATE W~EREAS, the Board of County Commissioners of St. Lucie County, Florida, has made the following determinations: 1. There is a proposed constitutional amendment by the group "Families for Lower Property Taxes" attached hereto as Appendix A) that Homestead Exemption to $50,000.00. (the "Amendment") (copy proposes to increase the homeowners a property tax savings of $500.00 pass. 3. The proponents of this Amendment have promised all Florida should this amendment The Amendment will result in a $1.9 billion shift in the property tax burden to businesses, rental property, second homes, and agricultural properties. 4. Certain homestead properties will also experience an increase in taxes rather than a decrease because of the shift in burden. 5. The Amendment, if enacted, will potentially force at least 28 counties to the constitutional ten mill cap. 6. The Amendment will impact Florida's rural counties significantly, many of which have little or no capacity to replace any lost revenues. 7. The 15 counties currently at the constitutional ten mill cap will lose a minimum of $11.8 million in operating dollars with no local ability to replace lost revenues and most likely will result in putting these counties in positions of financial emergency. 8. The Amendment will impact voted debt levies, placing at risk current pledges of property tax revenues to meet debt service for such voter approved issues as environmentally sensitive land purchases. 9. Florida's counties are constitutionally and statutorily charged with funding and providing an array of services for Florida's taxpayers and visitors to the state, including but not limited to, law enforcement, courts, elections, public health, emergency medical services, transportation improvements, and land use planning. 10. Local ability to fund and provide some or all of these services will be adversely impacted by the amendment. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of St. Lucie County, Florida: 1. This Board does hereby declare its opposition to the Families for Lower Property Taxes Amendment increasing the Homestead Exemption. 2. The County Administrator is hereby directed to forward a copy of this resolution to Mary Kay Cariseo, Executive Director, Florida Association of Counties, 100 South Monroe Street, Tallahassee, Florida 32301. After motion and second the vote on this resolution was as follows: Chairman Paula A. Lewis AYE Vice Chairman John D. Bruhn AYE Commissioner Frannie Hutchinson AYE Commissioner Cliff Barnes AYE Commissioner Doug Coward AYE PASSED AND DULY ADOPTED this 22nd day of June, 2004. ATTEST: '~$~~.~"~:1,,..~ BOARD OF COUNTY COMMISSIONERS APPROVED AS TO LEGAL FO~ ~ CORRECTNESS: APPENDIX A Text of Proposed Amendment Reference: Article VII, Section 6 Ballot Title: Additional Homestead Tax Exemption Ballot Summary: This amendment provides property tax relief to Florida home owners by increasing the homestead exemption on property assessments by an additional $25,000.00. FULL TEXT OF PROPOSED AMENDMENT: BE IT ENACTED BY THE PEOPLE OF FLORIDA THAT: ARTICLE VII Section 6 of the Florida Constitution is hereby amended to add the following paragraph (g). (g) By general law and subject to conditions specified therein, effective for assessments for 2005 and each year thereafter, an additional homestead exemption of twenty-five thousand dollars shall be granted to any person who has the legal or equitable title to real estate and maintains thereon the permanent residence of the owner.