St. Petersburg braces for $75M hit from Ron DeSantis’ property tax reform proposal

St. Petersburg is preparing for a potential $75 million hit due to Governor Ron DeSantis' property tax reform proposal, which could significantly cut tax revenue. This reduction would likely force the city to scale back services, except for essential public safety functions, and increase fees for various services to keep the budget balanced. The proposal matters because it highlights the broader fiscal challenges facing local governments in Florida, potentially impacting everything from public transportation to public health services. This move underscores the tension between state-level tax reform and local government funding priorities.