Two economic development groups are opposing Amendment 3, raising the alarm that cutting revenue from property taxes could hurt economic efforts at the local level.
The Florida Economic Development Council and the Orlando Economic Partnership (OEP) both issued statements denouncing the November ballot measure.
“Amendment 3 would erode the revenue structure supporting Florida counties and municipalities resulting in uncertainty and disrupting the balance of the private-public model that prioritizes investments in transportation infrastructure, place-making, and good jobs with sustainable wages for Florida families,” said the Council’s Executive Director, Beth Cicchetti…