Critics: Scott's budget shifts larger investments in K-12 education to homeowners, businesses
One of Gov. Rick Scott's main initiatives in his 2016-17 proposal is more investments in education -- specifically $500 million he proposes to add to funding for K-12 public schools.
But Scott is getting swift blow-back from critics, because 85 percent of that extra funding would be shouldered not by the state, but through local property taxes that homeowners and businesses pay.
Of the $507.3 million suggested increase, $80 million -- or 15 percent -- is state dollars, while $427.3 million would come from the "required local effort."
In touting his proposal to make an "historic investment in education," Scott vows that Floridians' "will not see an increase in your millage rate."
However, that doesn't mean businesses and homeowners won't see a larger tax bill. As property values rebound statewide, the amount property owners pay in taxes also increases, even if the tax rate remains the same.
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