In the Weeds: Municipal Finance Symposium
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Transcript of In the Weeds: Municipal Finance Symposium
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In the Weeds: Municipal Finance Symposium
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Ken SmallFinancial Technical Assistance
Manager Membership Development
Florida League of Cities
[email protected](850) 701-3631
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Property Tax Overview Utility Tax Communications Services Tax Local Business Tax Franchise Fees Utilities and Other Fees Special Assessments State-Shared Revenues, Local
Option Taxes, and Miscellaneous Revenues
Overview
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2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
$1,800
$2,000
802 882
982 1,106
1,310
1,635
1,806 1,702
1,499
1,313 1,284 1,274 1,282 1,313 1,355 1,412
Statewide Taxable Value (in billions)
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$0
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
14.1 20.7 27.8 47.7
82.5
119.9
167.4
249.3
408.4 433.1
317.6
172.5
89.0 72.0
52.0 46.5 45.0 44.5 48.0
Save Our Homes Differential (in bil-lions)
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Public Service Tax(Municipal Utility Tax)
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Communications Services Tax
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Local Business Tax
(Not: Occupational License Tax)
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Franchise Fees
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Utilities and Other Fees
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Special Assessments
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EXAMPLES OF SPECIAL BENEFIT Fire Protection
Road Improvements (Paving and O&M) Beautification Sidewalks Street Lighting Parking Facilities Solid Waste Stormwater Downtown Redevelopment Water and Sewer Improvements
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NO SPECIAL BENEFITCase Law: Public Hospitals Public Health Units Emergency Medical Services
Not Litigated Yet: Law Enforcement Parks and Recreation
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METHODS OF APPORTIONMENT Physical Use of Property Relative Proximity to Facility Amount of Service/Facility Required Linear Front Foot Per Parcel or Unit Square Footage of Improvements Relative Value of Property Trip Generation Combination of Factors
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COLLECTION METHODSUniform Method - Tax Bill - Section 197.3632, Fla.
Stat.
Separate Bill - Lien and Foreclosure Method - Roll Into Next Year Tax Bill
Utility Bill – Tallahassee Method
Combination of Methods
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State-Shared Revenues, Local Option Taxes, and Miscellaneous Revenues
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