LOST failure may leave Escambia and Pensacola $1 billion in the hole

Escambia County and Pensacola could be facing a major financial crisis after Election Day if voters reject the Local Option Sales Tax referendum and approve the statewide Amendment 3 property tax law.

While all of Florida will vote on Amendment 3 on Nov. 3, Escambia County voters will also be asked to renew the Local Option Sales Tax for another 10-year period…

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