- According the State’s own financial experts, Governor Crist’s plan may cost taxpayers up to twelve billion dollars and will force the South Florida Water Management District (SFWMD) to raise property taxes as much as $2,400 dollars for every homeowner.
- According to the New York Times investigation, the price Governor Crist agreed to pay his big political donor US Sugar Corporation is based on 2006 land values when the real estate market was at its peak. Experts say under Crist’s deal US Sugar Corporation will be paid twice what the land is worth today.
News Articles on the Charlie Crist Sugar Corp. Bailout
- New York Times - 03/07/2010
- “Rescues the Fortunes of US Sugar”
- Miami Herald - 03/13/2010
- “undisputed boon to US Sugar”
- St. Petersburg Times – 03/13/2010
- “threatens huge deficits for taxpayers”
South Florida Water Management Timeline. We must act now!
South Florida Water Management District Millage Options. Why isn’t there a tax cut option if revenues are down?
Taken from the South Florida Water Management District Budget Presentation at the June 2010 Board Meeting