Showing posts with label Florida amendment 5. Show all posts
Showing posts with label Florida amendment 5. Show all posts

Sep 16, 2008

Supreme Court knocks amendment 5 off the ballot

From the decision:

The trial court ultimately held that the title and summary of proposed Amendment 5 did not fairly inform voters, in clear and unambiguous language, of the chief purposes of the amendment and ordered proposed Amendment 5 to be removed from the November 2008 general election ballot.

Related Florida real estate views:

Florida amendment 5

Blog opinions on Florida Amendment 5

Do I qualify for a first time home buyer tax credit?


- Greg Staker - Watson Realty Corp. - 407-304-0255

Aug 31, 2008

Florida amendment 5

The Orange County Property Appraiser has a page where you can read about the amendment and calculate your potential tax savings should the amendment pass.

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