Florida Issues Update on Property Tax Cut Proposal

Florida’s CFO Blaise Ingoglia is calling for drastic cuts to property taxes in the state, accusing local governments of keeping their budgets larger than necessary at the expense of homeowners.

“The budget that is funded by your property taxes has gone up anywhere between 60 percent to 120 percent,” Ingoglia said on Tuesday in West Palm Beach, during an update on the Department of Government Efficiency’s (DOGE) audits of the state’s local governments.

“Now, when you go back pre-COVID and you start factoring in inflation and population growth, those budgets should not have exploded anywhere near where they’re exploding right now,” he said…

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