Despite stunning similarities in property values, tax burdens vary greatly in southern Florida, causing fed-up residents to seek relief.
"Like much of South Florida, Southwest 63rd Place has seen home values skyrocket in the past few years, and it is a microcosm of the growing inequity in property taxes across the state. As home prices have climbed, newcomers and those who are ineligible for Save Our Homes -- a provision that caps increases in the assessed value of homesteaded properties of permanent residents -- are bearing a disproportionate burden."
"The current chasm in Florida property taxes dates to 1992, when voters approved a constitutional amendment called Save Our Homes. It capped increases in assessed value at 3 percent a year on homesteaded property, or permanent residences. Rental homes, second homes and commercial and industrial real estate aren't eligible for the cap."
"The measure aimed to protect homeowners from getting taxed out of their properties. But as home values have soared, the tax burden has shifted increasingly to recent buyers."
FULL STORY: S. Fla. homeowners feel the tax imbalance

San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.

Has President Trump Met His Match?
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Study: London ULEZ Rapidly Cleaning up Air Pollution
Expanding the city’s ultra low-emission zone has resulted in dramatic drops in particle emissions in inner and outer London.

The Unseen Aftermath: Wildfires’ Lasting Health and Emotional Burden
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Public Parks as Climate Resilience Tools
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What the Proposed Federal Budget Means for Transit, Rail
The proposed FY 2025 budget keeps spending for public transit and passenger rail essentially the same as in 2024.
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Great Falls Development Authority, Inc.
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