archiveFL

USA Property

Florida insurance execs’ pay of $50M raises worry about firms failing

Amid reports about eye-popping insurance executive pay and undercapitalized new insurance companies, leaders of the state-run insurer are raising an alarm about the potential of a new cycle of insurers going under — again.The Citizens Property Insurance Corp. met June 25, shortly after revelations that two executives of the 3-year-old, Tampa-based Slide Insurance — one of the companies now collecting premiums from former Citizens’ policyholders — were paid $50 million in their first two full years running the business.'Grotesque': Husband-wife insurance execs earn more than $50 million in 2 yearsCharles...
USA Property

Gov. DeSantis’ property tax cut push in Florida fails but will be back

The problem: Reducing or getting rid of property taxes would eliminate dollars local governments rely on for needed services.How well will the Florida Legislature work with Gov. Ron DeSantis?FLORIDA TODAY's John Torres discusses the 2025 legislative session with reporters James Call and John Kennedy in this excerpt fro the Florida Pulse.Florida lawmakers excluded property tax cuts from the recently approved state budget and tax package.House and Senate leaders plan to study the potential impact of property tax reductions on local governments before considering further action.While a potential property tax cut...
USA Property

Will Palm Beach County property taxes increase?

The county millage rate will stay at $4.50 and the housing prices are leveling off so what is the root of a likely increase in property taxes for Palm Beach County homeowners?Palm Beach County news: Charlie Woods' golf game; Trump's travel banCharlie Woods finished the Amateur Championship, Guy Fieri sells Lake Worth mansion, Donald Trump puts travel bans on twelve countries.Palm Beach County homeowners will likely see a property tax increase in 2026 due to rising property values, despite a stable millage rate.New construction fueled a significant portion of the...
USA Property

Market values are up in Collier County, but they’re increasing at a slower rate

Habitat for Humanity of Collier County progresses on new Naples communityScenes from Habitat for Humanity of Collier County's Majestic Place community. When construction is complete, it will have 109 single-family homes.Collier County's preliminary property values increased by roughly 3% to $229.3 billion in 2025.Taxable property values saw a larger increase of 8.2%, reaching $164.5 billion, largely due to new construction.While market value growth slowed, new construction added $4.18 billion to the tax rolls.The final tax roll will be submitted to the state on July 1st, with TRIM notices sent to...
USA Property

Florida property taxes make communities better

Property taxes are not a punishment for homeownership. They are an essential investment in the community that makes homeownership worthwhile.Study eyed for Florida property tax changesExpect an economic impact study as a first step as discussions ramp up about the future of property taxes in Florida.Fox - 35 OrlandoGov. Ron DeSantis recently asked the disingenuously rhetorical question: “Do you ever own your own home?”It’s a provocative statement meant to stir resentment over property taxes as part of a larger pitch to either eliminate or drastically reduce them. But, while such...
USA Property

Amid deadlock on budget, DeSantis pushes to cut property taxes

No state has yet eliminated property taxes and in Florida they are the biggest source of dollars for 51 of 67 counties and almost half of the state’s 411 cities.With Florida lawmakers now in overtime trying to settle a state budget, the prime source of financing for many cities and counties could soon be headed for the chopping block.In whatever budget deal is decided by the Legislature, Gov. Ron DeSantis wants included some kind of commitment to rolling back property taxes – now or through a ballot question put before...
1 2 3 4 5
Page 3 of 5