But nevertheless, that's been something that's been good and if you look at all the revenue that local governments take in across the state, There's more residential tax revenue that comes in from non-homestead properties than from homestead properties. And obviously you have commercial that contributes to it. So our insight was basically you have this homestead exemption that goes up a certain amount. (15:45–16:02)
CLAIM
Asserts that non-homestead properties generate more residential tax revenue than homestead properties in Florida.
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