A Walton County Business Tax Exemption Question will be on the November 6, 2012 ballot in Walton County, where it was approved.
This measure sought to allow the county to give property tax exemptions to new or expanding businesses in the county. The county previously had this authority but the time period for the exemptions expired and now they are seeking to have that authority again. In order to qualify for the exemptions, a new business must create at least ten jobs with pay at least at minimum wage. Also, the county board would decide on a case by case basis if a business would get the tax exemptions.
| Walton County Tax Exemption Question|
| Yes|| 16,660|| 63.42%|
Election results from Walton County, Unofficial Election Results Summary
Text of measure
The question on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|| Shall the board of county commissioners of this county be authorized to grant, pursuant to s. 3, Art. VII of the State Constitution, property tax exemptions for new businesses and expansions of existing businesses that are expected to create new, full-time jobs in the county?