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Temple Terrace City Property Tax Exemption Question (January 2012)

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A Temple Terrace City Property Tax Exemption Question was on the January 31, 2012 ballot in the city of Temple Terrace which is in Hillsborough County.

This measure was approved

  • YES 1,909 (69.57%)Approveda
  • NO 835 (30.43%)[1]

This measure sought to give property tax exemptions to new or expanding businesses in the city in order to encourage economic growth and job additions. The amount of property tax which will be exempted would be decided on a case to case basis by city officials. Since it was approved, the exemptions will be in place for a period of ten years.[2]

Text of measure

The question on the ballot:

Shall the City Council of the City of Temple Terrace be authorized to grant, pursuant to Section 3, Article VII of the State Constitution, property tax exemptions to new businesses and expansion of existing businesses to encourage economic development and establish new jobs?[3]

References

  1. Hillsborough County Elections, Current Election Results
  2. Temple Terrace Patch, "Temple Terrace Residents to Vote on Tax Exemptions," December 29, 2011
  3. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.