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.
