The Florida Supreme Court last Friday threw a proposed property-taxcutting measure off the statewide ballot.

The proposal — one of many that worried rating agency analysts because of its affect on local government budgets — would have capped all property taxes at 1.35% of the highest taxable value.

The high court ruled that the proposed ballot measure was misleading.

Some state lawmakers have promised additional tax-cutting measures will be considered during the upcoming legislative session.

Legislators have enacted several measures designed to reduce local taxes, and voters last year approved a constitutional amendment increasing a portion of the state’s homestead exemption.

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