A million dollar hike in property taxes was recently proposed for Seminole County Public Schools to help the district pull out of its financial hardship and preserve the quality of Seminole’s high-performing schools. The added tax amounts to $1 for each $1,000 of taxable value of property and will be up for voter referendum in the November 6th general election.
Current Seminole County figures demonstrate that the school taxes are split evenly between homeowners and businesses. Proposers of the tax hike are claiming the increase would only cost Orlando homeowners roughly 30 cents per day, which is a number based on the average home value in Seminole County. However, opponents of the hike say that this claim is misleading because businesses will also have to pay for half of the cost of the increase.
Opponents of the proposed tax hike say that the increase may be more than some property owners and small businesses can afford. Many are estimating that people who rent properties in Seminole County (such as apartments, single family homes, and businesses) can expect their rent to go up to cover the added tax.
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