Are Local Florida Counties Fighting Property Tax Cuts Inspite of Reserves?

Florida City and county government officials are accusing Gov. Charlie Crist of deliberately putting out false information in an effort to win property-tax cuts.

They’re reacting to Crist’s assertion that local governments are fighting property-tax cuts even as they sit atop $9 billion in reserves. Local officials say the governor’s “reserves” are grossly inflated, lumping general-fund reserves from unspent property taxes with other pools of money, including debt reserves and money for construction projects.

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