Details of the amendment include:
- Eliminate by 2011 a portion of the public school funding
- Replaces the 10% annual assessment with a 5% "cap for non-homestead properties
- Orange County tax bills could be reduce 25-29%
Related Florida real estate views:
Blog opinions on Florida Amendment 5
Orlando and Florida property tax amendment passes
Florida Property Tax Amendment
- Greg Staker - Watson Realty Corp - 407-304-0255
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