Fernandina Observer

Citizens for a Better Nassau County has released an updated study showing that the county is making progress in moving its primary tax base from residential housing to industrial and commercial activities. That, in turn, protects residential taxpayers from increases.

A 2016 study by the organization found that the county’s tax base was much more dependent on its residential tax base than surrounding counties, counties of a similar size and to Florida as a whole. It also showed that the anemic growth in industrial and commercial land use development had created a much greater reliance on residential property taxes.

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