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The commission heard that proposed changes to homestead property taxes could reduce Margate revenue by an estimated $14.5 million, while the school portion of property taxes would not be affected.
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The meeting included an update on several property-tax proposals under consideration in Tallahassee. The proposals generally target non-school taxes on homesteaded properties, including possible exemptions or phased reductions. No formal action was taken, and the meeting also recognized holiday decorating contest winners, students, teachers, and employees for years of service.
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