Tensions flared as state and local politicians clashed over property taxes, setting the stage for what is likely to be a heated tax dispute next legislative session. The area of agreement is a mutual desire to cut property taxes. The dispute is over whether the state should put money into a fund intended to help pay for local property tax cuts, or if the state should cut its own property taxes. A movement has been growing to fund the local ad valorem tax reduction fund, or LAVTR, for the first time in 20 years. The LAVTR remains part of state law, but the Legislature regularly opts to strip its funding, as is the case for the current fiscal year. Without further legislative action, the state would transfer $27 million into the LATVR next fiscal year.
Source: CJonline
