SECTION 189.056. Downtown development districts; ad valorem taxation.
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1(1) 2It is the intent of the Legislature to encourage the revitalization of downtown areas within large municipalities where the societal ills associated with urban blight are most prevalent. However, in recognition of the traditionally broad home rule power exercised by charter counties, the Legislature intends that this section apply only to certain counties.
55(2) 56The governing body of a municipality with a population of more than 400,000, as determined by the Office of Economic and Demographic Research, and located in a county as defined in s. 89125.011(1)90may, by ordinance, levy an ad valorem tax of up to 1010.475102mill on the taxable value of all real and personal property located in a downtown development district to help finance the operation of the district. The district’s millage may not exceed 0.475 mill and may not exceed the limitations contained in s. 144200.001(8)(d)145for dependent special districts.
