Taxes, Insurance, Home Sales, and More for August 13, 2008

“What has voters - in addition to most of the state’s business, education, and political organizations and lobbies - so concerned is that proponents haven’t offered any definitive plan for fulfilling the amendment’s requirement that the Legislature replace the lost property-tax money with other public funding.” — Swapping What For What?

“As Florida’s coffers shrink in the face of a dour economy, confusion over a tax statute threatens to choke the flow of home sales at a time when the state is struggling under the burden of millions of unsold properties.” — Tax ‘Mess’ Muddles Short Sales Of Homes

“Orlando’s home-resale market recorded its second-best sales month of the year in July, and local Realtors said a marked improvement in the number of pending contracts bodes well for the rest of 2008.” — Home sales: Good news peeks out from the gloom

“Skeptical state regulators grilled representatives of Florida’s largest private property insurer on Tuesday as State Farm officials tried to make a case for their 47.1 percent rate increase for their 950,000 residential customers.” — Fla. Regulators Question State Farm Rate Hike

Bonus:

“The Florida Parole Commission will remain all-white with the reappointment of an existing member Tuesday after a move to seek a more diverse slate of finalists failed.” — Reappointment Keeps Florida Parole Panel All-White

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