Tax & Accounting Blog

New Florida Law Allows Counties to Impose Sales Tax to Fund Public Pensions

New Florida Law Allows Counties to Impose Sales Tax to Fund Public Pensions

On March 25, 2016, Florida Governor Rick Scott approved HB 1297, a bill allowing counties to impose a discretionary sales surtax to fund underfunded public pension plans. The bill was the result of intense lobbying by the City of Jacksonville, which is consolidated with Duval County. According to the Florida Times-Union, Jacksonville pushed for approval … Read More

Nevada Town For Sale, Half-Off

Nevada Town For Sale, Half-Off

The 500-acre unincorporated town in southern Nevada known as Cal-Nev-Ari (short for California-Nevada-Arizona) is on the market at the recently reduced asking price of $8 million.  Originally developed as a small airport community, the land went on the market in 2010 for $17 million when co-founder Nancy Kidwell decided it was becoming tough to maintain at her age, looking for some help … Read More

Peace Out, Climax Springs

Peace Out, Climax Springs

Climax Springs, Camden County’s smallest village founded in southwest Missouri roughly 130 years ago, has voted 28-6 in favor of dissolution.  Although fond memories and a sense of community ownership may have been a reservation for many longtime residents, the community struggled to maintain the leadership needed to take care of essential services, namely road maintenance.  With only one remaining … Read More

De-annexation Bill Has Big Implications For Tennessee Cities

De-annexation Bill Has Big Implications For Tennessee Cities

House Bill 779, which failed at the conclusion of the 2015 legislative session, made a reappearance less than a year later just as supporters promised, passing easily with a 68-to-25 vote in the House.  This bill allows a pathway for residents of certain neighborhoods to de-annex themselves through a petition referendum if the annexation occurred on or after … Read More