property tax cuts
Coverage of property tax cuts in the Nexus archive.
- For Georgia school districts, the financial party is over after years of flush spending
Georgia school districts are reducing costs due to declining enrollment and stagnant property tax growth, eliminating vacant positions and using pandemic-era savings to avoid immediate cuts. Revenue and spending rose 50% from 2018 to 2024, but districts now face financial contraction as student numbers fall and Republicans push for property tax reductions.
- Florida lawmakers pass plan to put property tax cuts on November ballot
Florida lawmakers passed a plan to place property tax cuts on the November ballot, increasing homestead exemptions from $50,000 to $250,000. The bill protects school funding and removes provisions for a trust fund for struggling counties and voter outreach funding, with critics questioning the rushed timeline and potential government service shortfalls.