Coral Springs commission members on Thursday passed a resolution opposing state legislation that aims to reduce or eliminate property taxes in Florida.
House Joint Resolution 357 and House Bill 359 seek to provide a new, $100,000 property tax exemption for all properties in Florida on top of the existing $50,000 Homestead property tax exemption property owners receive, according to commissioners.
If the new exemption is passed by the Legislature, it would be submitted as a ballot measure for voters’ consideration on the Nov. 2026 election ballot. In order to pass, the ballot measure would need to be approved by 60 percent of voters.
Coral Springs currently receives nearly 48 percent of its revenue from property taxes, commission members said.
The elimination of property taxes, which currently bring in $86,521,256 in revenue for the city – or 48 percent of its total revenue – “would cripple the city’s ability to operate, and therefore poses a grave concern to the City of Coral Springs,” the commission’s resolution states.
The commission also came out against related legislation including Florida Senate Bill 852, which would compel the state’s Office of Economic and Demographic Research to “conduct a study to establish a framework to eliminate property taxes.”
That study would have to be completed by Oct. 1, 2025, under the bill’s mandate.
Senate Bill 852 states that lost revenue from property tax elimination could potentially be replaced by other taxes, savings from budget cuts, and other revenue streams.
The city commission “believes it is in the best interest of the citizens of the community to strongly oppose bills which have been filed which seek to erode a municipality’s [property] taxing power and eliminate or decrease [property] taxing revenue,” the resolution states.
Another bill proposed in the Legislature seeks to dissolve Community Redevelopment Agencies. The Coral Springs CRA, tasked with redeveloping downtown, is not scheduled to dissolve until 2032. It is also funded with tax dollars.
Gov. Ron DeSantis has come out in support of eliminating property taxes, as have a number of other state Republicans. They include U.S. Rep. Byron Donalds, of Naples, who President Donald Trump has endorsed to succeed DeSantis as governor in 2026.
Coral Springs’s #1 Award-Winning News Site Here. Don’t Miss Parkland Talk, Tamarac Talk, Coconut Creek Talk, Margate Talk, and Sunrise FL Talk.
Author Profile
Related
NewsApril 30, 2025Florida Senate Confirms Coral Springs Republican to State Board of Education Seat
EventsApril 25, 2025Coral Springs Man Who Survived Nazism Recounts Harrowing Journey of Escape, Survival
EventsApril 25, 2025Protestors Will Rally Against Trump May 1 in Coral Springs
NewsApril 20, 2025“It Failed”: Poor Compliance Dooms Program That Allowed Boat, RV Parking in Coral Springs
