Quote:
Originally Posted by Bill14564
TX is going to discover that inflation affects services the Govt purchases as well as the groceries, cable, and lawn mowing services the citizens purchase. A 1% cap on Govt spending sounds great until one of the services cut is the one that you depend on.
FL will have the same issue if they further cap revenue increases.
FL will have a bigger problem if they eliminate property tax altogether. Sumter County alone will need to find an alternate source for $250M or about 50% of the budget.
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I think they discovered outrageous inflation about 3 years ago. Sumter country probably cheapest county to live in I villages. Marion being the highest. So far my estimated county taxes down about 3% from last year, but I won’t hold my breath until I pay it.