As Floridians ring out the old and ring in the new for 2015, there’s one thing they can say “farewell” to: a tax on their insurance bills that goes toward paying hurricane damage claims.
Insurance policies issued or renewed after Jan. 1, 2015, will no longer include the hurricane tax for the Florida Catastrophe Fund. The charge shows up on most insurance bills including homeowner and auto insurance policies.
But watchdog groups are urging policyholders to check their insurance bills, anyway.
Broward County property owners could pay a little more for public schools next year.
The county school board tentatively approved a $3 billion spending plan Tuesday.
The Broward County schools’ budget cuts tax rates slightly, but rising property values will mean larger tax bills for homeowners. The owner of a $225,000 home would pay $14 more per year, district officials said.
The school board is expected to take a final budget vote in September.
In November, Broward County voters will determine whether to allow the district to borrow $800 million.
4/10/14 - Topical Currents begins with an at your service edition on tax preparation. There are new rules and new deductions for 2013. The tax laws are composed of some 70,000 pages, so it’s easy to make mistakes. We’ll speak with tax expert Keith Hall.
04/11/13 - Thursday's Topical Currents begins with income tax tips from experts. The deadline for 2012 tax filing is Monday. We’ll also look ahead to important changes in the tax code for 2013, especially those which affect small businesses. And more. Linda Gassenheimer’s Food & Dining . . . with wine columnist Fred Tasker and “Dinner in Minutes.” That’s Topical Currents, Thursday at one o’clock on WLRN.
Florida lawmakers are doing something they haven't done in years: adding money to state programs.
The recession sent the state into multi-billion-dollar budget shortfalls that led to big cuts in education and state government payrolls.
But this year, lawmakers have money to play with. Gov. Rick Scott has proposed a budget of more than $74 billion for the fiscal year that starts in July. That's about a $4-billion increase in spending over the current year.
The Florida Department of Economic Opportunity is asking state lawmakers for half a million dollars in order to recoup a $20-million investment in the now-defunct digital animation studio, Digital Domain.
And according to local experts, Florida has a tough fight ahead to get its money back.
The state originally gave Digital Domain $20 million in incentives in order to lure the company--and jobs--to Port St. Lucie. Four months ago, the firm filed for bankruptcy, shut down and let go 300 Florida workers.
If you want to hold a major street fair or festival in Delray Beach, the city wants some cash up front first.
Delray Beach officials say they're tired of the unpaid bills left behind by major event organizers in recent years. The city is in the hole for about $50,000 after certain festivals failed to cover costs for events not hosted by the city.
Several major fairs – including the Carnevale and the Delray Beach Film Festival -- have been banned for skipping out on the tab.