Property Taxes = Florida's Downfall?

[OnMackBayou]

Since this thread is supposed to be about taxes, I had a nice long talk with one of my neighbors today. His taxes actually went down this year.

 

[Smiling JOe]

Since this thread is supposed to be about taxes, I had a nice long talk with one of my neighbors today. His taxes actually went down this year.

Technically speaking, everyone's taxes decreased (via lower millage rates, now <10 mills). However "Assessed Values" typically increased as did total payout for most SoWallers.

 

[beachmouse]

http://www.pensacolanewsjournal.com/apps/pbcs.dll/article?AID=/20051211/NEWS01/512110331/1006

The buildings may be gone, but the land's worth more
Escambia County continues assessments, to the dismay of many

Sean Smith
@PensacolaNewsJournal.com
All that's left of Marty McGreevy's lounge on Perdido Key is sand and water.

Hurricane Ivan's wind and storm surge on Sept. 16, 2004, flattened Panama Mac's, built in 1992 along the Intracoastal Waterway.

Nevertheless, McGreevy's property taxes are increasing.

Escambia County values the waterfront slab and the lot at $595,000, meaning McGreevy's tax bill for 2005 is $10,463. Last year, when the building was standing and live music rang out, the property was valued at $461,440, putting taxes at $8,463.

"There's nothing left but sand," McGreevy said. "Now, they are saying the land is worth more without the building."