In order to address effectively the problem of rising property taxes in the City of Homestead, a group of citizens is forming a committee of electors to amend the City of Homestead Charter to limit ad valorem tax increases to 8% percent above/over the roll back rate, unless a higher rate is approved by the voters of the City Homestead.We will also be forming a political committee to support this initiative, and are open to discussion of other changes that will protect residents from future financial burdens.
The benefits of limiting the rate of increase of property taxes, goes far beyond the simple enjoyment of more of your own money in your pocket. Limiting government spending slows inflation, helping to preserve the value of savings and retirement funds. It also forces lawmakers to exercise responsibility and oversight while planning for the future, as errors cannot be covered by simply raising taxes. A cap on tax increases also keeps a government financial crisis from becoming your financial crisis as they tap your pocket to cover the city's shortfalls. Furthermore you can free yourself from being a one issue tax voter when selecting candidates for political office. Lower taxes also increase property values, again putting more money in your pocket, and making housing more affordable for all citizens and also creating an ownership society where we all have more of a stake in our city.
For more information on joining the committee of electors, or to help with this effort, please call me at 305 246 2125,or email me brianforhomestead@gmail.com
Brian L. Judge
