Every city, along with their lobbying partners, is busy trying to scare voters about Amendment 3. Remember Kissimmee and how they gave the fire fighters 25% more time off at a cost of $11 million a year?
The Kissimmee city commission is voting on their city’s annual budget. The $322 million budget is up from the previous year’s $310 million for a population of 90,000. City officials are threatening cuts to services. Property taxes represent $31 million of the city’s budget, and ad valorem taxes on homestead property represent about 21.1% of Kissimmee’s taxable property value. What does that mean? Approximately $6.5 million of the city’s $31 million in property-tax receipts comes from homestead property. Even if the law were to completely eliminate property taxes on homestead property, the city could still afford a 1.7% increase in spending over last year.
I am tired of local governments stealing all of our money.
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