Independent audit of tax breaks needed – Tampa Bay Times
Editorial from the Tampa Bay Times calling for a full audit of tax breaks illegally given to developers. The type of development was intentionally mis-characterized by officials to allow fees to be assessed at a lower rate costing taxpayers hundreds of thousands or more in lost revenue.
Here is a prior article outlining the initially discovered instance of a developer being discounted approximately 2/3 on the fees that should have been due. After the fact some of the money was recovered in a settlement with that developer, but since then an incomplete audit has revealed other instances of this and makes it unclear how much potential revenue was illegally surrendered to developers in this way.