Port St. Lucie Faces $48 Million Budget Hit if Property Taxes Go Away

📊 Port St. Lucie leaders are reviewing the city’s budget as they prepare for the possibility of major revenue losses tied to Florida’s proposed Amendment 3. City officials said the city could lose more than $48 million in property tax revenue over the next two years if the measure passes in November. 💰🏛️ 🚓 To...

📊 Port St. Lucie leaders are reviewing the city’s budget as they prepare for the possibility of major revenue losses tied to Florida’s proposed Amendment 3. City officials said the city could lose more than $48 million in property tax revenue over the next two years if the measure passes in November. 💰🏛️

🚓 To prepare, the city is holding off on funding 184 requested positions valued at $28.3 million, including planned police officers and parks staff. The proposed budget also removes $7.8 million in capital projects, including an inclusive playground at McChesney Park, parking improvements at Riverland Paseo Park, a Marshall Parkway/I-95 interchange study, and work on a new City Hall and parking garage. 🌳🚧

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