Okay! Please point to a specific county budget, point out the large cuts you want to make, as well as a persuasive case the local residents would vote for.
n Fiscal Year 2025-2026 alone, Miami-Dade County excessively and wastefully spent $470 million in taxpayer funds and over the last three years they have excessively and wastefully spent more than $800 million, showing that local governments won’t stop spending unless they are forced to. That is why property tax reform is necessary, and the voters have the opportunity to vote on it in November. Let’s make Florida more affordable.”
Great -- what specific cuts would you like to make? Could you list them?
This seems to be the methodology used by the CFO:
"Using a fiscal calculus called the “FAFO methodology”—which indexes budgets against population growth, baseline inflation, and a 5% inefficiency buffer—Ingoglia claimed Miami-Dade accounted for $470.6 million in unnecessary spending in the current fiscal year."
If their annual "waste" is $470 million and the projected annual tax loss is expected to be $919 million by 2031, where is the other $449 million supposed to come from?
The identified waste is about 17% of their property tax receipts. The cut being proposed is nearly twice that, so no, I don't think we can hand wave away the "what counts as waste" question. If "Blaise Ingoglia ... the state’s top financial watchdog" who has every reason to look for every wasted cent found $470 million, there are going to need to be many cuts that go beyond even his strict definition of waste.
"An independent analysis from Jared Walczak shows the estimated impact on shifting the tax burden to apartments, with increased rates in some counties increasing by as much as 30%"
A pure land value tax should be able to be passed through to renters. Can you explain how the property tax increase *is* passed through?
A conventional property tax is typically passed through to renters by its effect on supply, because it includes a large tax on buildings, which discourages building supply. In this way it operates in nearly the same way as a developer impact fee.
The answer is large cuts. Your definition of "waste" is insufficiently expansive.
Okay! Please point to a specific county budget, point out the large cuts you want to make, as well as a persuasive case the local residents would vote for.
We can quibble over how to define waste but the state's already laid it out there.
https://myfloridacfo.com/news/pressreleases/press-release-details/2026/06/11/chief-financial-officer-blaise-ingoglia-announces-over--470-million-in-2025-2026-miami-dade-county-budget-as--excessive--wasteful-spending
n Fiscal Year 2025-2026 alone, Miami-Dade County excessively and wastefully spent $470 million in taxpayer funds and over the last three years they have excessively and wastefully spent more than $800 million, showing that local governments won’t stop spending unless they are forced to. That is why property tax reform is necessary, and the voters have the opportunity to vote on it in November. Let’s make Florida more affordable.”
Great -- what specific cuts would you like to make? Could you list them?
This seems to be the methodology used by the CFO:
"Using a fiscal calculus called the “FAFO methodology”—which indexes budgets against population growth, baseline inflation, and a 5% inefficiency buffer—Ingoglia claimed Miami-Dade accounted for $470.6 million in unnecessary spending in the current fiscal year."
https://flvoicenews.com/florida-cfo-labels-miami-dade-the-state-leader-in-local-government-waste/
If their annual "waste" is $470 million and the projected annual tax loss is expected to be $919 million by 2031, where is the other $449 million supposed to come from?
The identified waste is about 17% of their property tax receipts. The cut being proposed is nearly twice that, so no, I don't think we can hand wave away the "what counts as waste" question. If "Blaise Ingoglia ... the state’s top financial watchdog" who has every reason to look for every wasted cent found $470 million, there are going to need to be many cuts that go beyond even his strict definition of waste.
The Suburban Growth Ponzi Scheme strikes again.
Gotta break some eggs to make an omlette.
"An independent analysis from Jared Walczak shows the estimated impact on shifting the tax burden to apartments, with increased rates in some counties increasing by as much as 30%"
A pure land value tax should be able to be passed through to renters. Can you explain how the property tax increase *is* passed through?
A conventional property tax is typically passed through to renters by its effect on supply, because it includes a large tax on buildings, which discourages building supply. In this way it operates in nearly the same way as a developer impact fee.
(I meant "shouldn't", above.)
So the effect on renters occurs over time, not instantaneously, as the property tax results in less available rental units? Makes sense. Thanks!