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Special Legislative Session now Underway, continued

3 Jun 2026 1:32 PM | Anonymous

We do not have the numbers yet to calculate how much lost revenue the Village and other taxing authorities would face.  


Gov DeSantis has argued that rapidly rising property tax collections are placing increasing pressure on Florida homeowners, with statewide collections rising from roughly $32 billion in 2019 to about $60 billion today.


The Village has seen an increase in total property taxes of $6,719,600 since 2020, a 58% increase, with no increase in population.  


The hope is that the local governments will trim some excesses in their budget.


The homestead properties are only a relatively small part of the total property tax revenue in the Village.  A vast majority of the homestead properties have a taxable value in excess of $150,000 and will continue to pay property taxes.



Click here for details of the proposal from the Florida League of Cities.


In a letter to legislators, Monroe County Mayor Michelle Lincoln said county leaders support tax relief but are concerned that the plan could destabilize funding for required services in the Keys, an area vulnerable to hurricanes and other unique geographic circumstances. Click here for Lincoln’s letter.
 


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To enhance the community of Islamorada by preserving the quality of life of the residents as well as the beauty and vitality of the native ecosystems and to stop any further degradation of our community from over-development.

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Islamorada Community Alliance

P.O. Box 1507

Tavernier, FL  33070-1507




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