HomeImplementing Our MissionBLOGPressFlorida TaxPayers AlliancePinellas County - Cut Taxes NowJoin Cut Taxes NowAbout UsTaxpayer Rally in Tallahassee

How can Floridians afford to fund the rich budgets of their local governments when their governments income grows twice as fast as their own income? 

flatax0106.jpg

As Florida Property Taxes Skyrocket, how is the growth of government revenue doing compared to the growth of personal revenue of taxpaying Floridians?  Here are some telling statistics that show how the government gets rich every day off of the paper value of your property.  While you look richer on paper, your actual income can’t keep up with the income of the local governments. 

 

In Florida, from 1996-2006

 

¨      Population has grown 25% (14.6 Million  to 18.4 million)

¨      Personal Income has grown 86% ($351.4 Billion to $653.7 Billion)

¨      Total Florida Property Taxes Have grown 148% ($12.3 billion to $30.5 Billion)

¨      Total County Property Taxes have grown 155% ($4.5 Billion to 11.5 Billion)

¨      Total School Property Taxes have grown 122% ($5.6 Billion to $12.3 Billion)

¨      Total Municipal (city) property taxes have grown 193%! ($1.4 Billion to $4.1 Billion)

¨      Total “independent district” property taxes have grown 204% ($851 Million to $2.5 Billion)

 

¨      From 1996 to 2001, Total Property tax growth rose at the same level as Floridians total personal income growth – 36%

 

¨      From 2001 to 2006, Total Property Tax Growth Rose more than TWICE AS FAST (83%) as Income growth (37%).


 
How can Floridians afford to fund the rich budgets of their local governments when their governments income grows twice as fast as their own income? 


Source: Florida Senate Property Tax Facts
http://www.flsenate.gov/data/committees/senate/ft/statistics.pdf

Enter content here

flatax0106.jpg
flatax0106.jpg