Looking at my tax bill, there are 3 charges for the schools, 1 state law, 1 local board and 1 debt levy. The state law portion is double the other 2 combined.
According to the amendment, only the local board school tax portion will be eliminated....and it is very vague as to what other revenue may be subjected to taxing. Sorry, but I refuse to ever again vote for a vague amendment, spell it out in black and white how you plan to raise the revenue.
If you want to see the whole amendment a link to a PDF doc can be found here:
http://www.votesmartflorida.org/mx/hm.asp... Here is the text portion that will be changed if it is apporved.
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SECTION 19. Replacement of ad valorem taxes required by the legislature with other funds for education.-(
a)
Commencing in the 2010-2011 fiscal year, the legislature shall be prohibited from requiring school districts to levy an ad valorem tax as a required local effort for participation in the Florida Education Finance Program or a
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successor program.
(b)(1) The legislature shall replace the revenue impact of the elimination of the required local effort as provided in subsection (a) through one or more of the following options:
a.
the repeal of sales tax exemptions, which are determined not to advance or serve a public purpose, except for the current exemptions for: food; prescription drugs; health services; charitable organizations; religious organizations; residential rent, electricity and heating fuel; sales of tangible personal property purchased for resale or imported, produced, or manufactured in this state for export; sales of real property; and sales of intangible personal property.
b.
an increase of up to one percentage point to the sales and use tax rate in existence on January 6, 2009.
c.
spending reductions for other components of the state budget and revenue increases resulting from economic growth attributable to lower property taxes.
d.
other revenues identified or created by the legislature.
(2) In implementing this section, the amount appropriated and set in the General Appropriations Act in the 2010-2011 fiscal year shall not be less than the amount appropriated and set in the 2008-2009 fiscal year for the funding of public schools under the Florida Education Finance Program, as increased by the average historical growth for such amounts during state fiscal years 2006-2007 and 2007-2008, which appropriated and set amount shall be referred to as the "education hold harmless amount."
(3) Nothing contained herein shall be construed to replace
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or eliminate: the ad valorem tax millage dedicated to capital outlay, school renovation and repair, or for the payment of lease purchase obligations authorized by general law; voter-approved millage authorized in the constitution; or discretionary ad valorem millage for school districts authorized by law.
(c)
Each law creating a sales tax exemption shall contain the single subject of a single exemption and a legislative finding that the exemption advances or serves the public purpose of: encouraging economic development and competitiveness; supporting educational, governmental, literary, scientific, religious, or charitable initiatives or organizations; or securing tax fairness.
ARTICLE XII SCHEDULE SECTION 28. Implementation of school property tax reform.-(
a)
The amendments to Section 4 of Article VII reducing the maximum annual change in assessments for non-homestead properties to five percent (5%) from ten percent (10%) shall take effect January 1, 2009.
(b)
The amendment to Section 9 of Article VII reducing to five mills from ten mills the authorized ad valorem millage for school purposes shall take effect January 1, 2010.