WUFT News

Realtors and some homeowners in favor of Amendment 4; local government has big reservations

By on October 10th, 2012

Amendment 4 affects how much residents pay in property taxes and how much the government can say their home is worth.

Those who support Amendment 4 say it’s all about protection from taxes in a down market. Many local governments are not in favor of the ballot initiative, saying that it could have detrimental effects on services and budgets of many localities.

Craig Williams, president of the Alachua County Realtors Association, supports the measure, and said it protects homeowners in a down market.

“Home ownership is one of the most important aspects of our economy,” Williams said. “Anything we can do to stimulate home ownership will ultimately stimulate our economy.”

The measure has three major provisions: it ends the ability of governments to raise taxes on homes whose market value falls; it limits the amount that taxes may rise from 10 percent per year to five percent; and extends additional homestead exemptions for first-time Florida homeowners, or those who have not owned in the state for three years.

Outside groups have been running ads in support of passing this amendment, and have cited a study by Florida Taxwatch, a pro-business advocacy group online, saying  over the next 10 years, approval of the amendment could add 20,000 jobs and add more than a billion dollars to the state gross domestic product.

Many local government officials say passing the amendement could have unintended consequences.

“It could certainly either reduce services or facilitate a need to increase millage rates to make up for it,” said Mark Sexton, spokesman for the Alachua County Commission. He said he expects Alachua County to lose up to $1 million from the change.

The commission did not pass a resolution for or against the amendent, but Sexton said many commissioners have expressed reservations.

Other organizations, like the League of Women Voters of Florida have come out against the amendment, saying that local governments could just raise millage rates, cut services or a combination of both.


This entry was posted in Florida and tagged , , , , , . Bookmark the permalink.
 

More Stories in Florida

Police Identify Shooter as FSU Alumnus

The gunman who shot three people at Florida State University’s library early Thursday before being killed by police was a lawyer who graduated from the school, a law enforcement official told The Associated Press.


Undated arrest photo of Chadwick Banks.

Chadwick Banks Executed By Lethal Injection For Double-Murder

Chadwick Banks became the 20th person executed under Gov. Rick Scott on Thursday. The 43-year-old was put to death after being convicted in the 1992 slaying of his wife, Cassandra Banks, as well as the rape and murder of his 10-year-old stepdaughter, Melody Cooper. Eighty-nine people have been put to death in Florida since executions resumed in the state in 1979.


Pastor Zach Zehnder of theCross Church in Mount Dora speaks to the crowd in an attempt to break the Guinness World Record for world’s longest speech marathon. Zehnder ultimately spoke for more than 53 hours.

Mount Dora Pastor Attempts To Break Guinness World Record For Longest Speech

A Mount Dora pastor may have broken the Guinness World Record for the Longest Speech Marathon. The speech, which lasted over 53 hours, was used to raise money for a local cause.


(From left) Mitch Holeve celebrates Garrett "G-Money" Holeve's victory against David "Cerebral Assassin" on Saturday night. G-Money won by submission.

MMA Fighter G-Money Victorious Over Cerebral Assassin

Mixed martial artists Garrett “G-Money” Holeve and David “Cerebral Assasin” Steffan fought on Saturday in Sullivan, Missouri. G-Money defeated his opponent in their much anticipated bout by submission in the second round.


Garrett Holeve poses in the sunlight shining through a room full of punching bags at American Top Team in Weston. Florida on Oct. 19. Despite having Down syndrome, Garrett has proven himself to be a formidable opponent in mixed martial arts, or MMA. “You have to adjust a little bit, but you don’t want to go too easy on him either,” said John De Jesus, professional MMA fighter and occasional sparring partner for Garrett. “You can’t let him connect on you because he’ll knock you out!”

G-Money: In The Cage With Down Syndrome

Garrett “G” Holeve has Down syndrome, but his condition isn’t stopping him from pursuing his passion — mixed martial arts. G will face David Steffan on Nov. 8 in a long overdue fight against the odds.


Thank you for your support

WUFT depends on the support of our community — people like you — to help us continue to provide quality programming to North Central Florida.
Become a Sustainer
I want to support FM 89.1/NPR
I want to support Florida's 5/PBS
Donate a Vehicle
Day Sponsorship Payments
Underwriting Payments