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Florida politicians blew your property tax money on stuff that never worked, never got finished, or got wiped out the second a hurricane hit. Not one person lost their job over any of it.
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St. Petersburg tried to save $275,000 a year by slashing Tropicana Field's windstorm coverage from $100 million down to $25 million with a $22 million deductible. Seven months later, Hurricane Milton ripped the roof off the stadium and the repair cast taxpayers roughly $32 million. More than half the damage, all to save $275,000. The Rays' $1.3 billion new stadium deal fell apart right after. Meanwhile the city's spending almost $1.5 million a year on DEI positions with the city.
Hollywood, Florida isn't much better. In 2022 they bought a pothole-patching machine for around half a million dollars. It broke down four months later and sat rotting in a public works lot for years. Commissioners voted to sue the manufacturer. The lawsuit never got filed. Turns out the manufacturer had offered free help and training the whole time, and Hollywood never even called.
Then there's the buses. Miami-Dade and Broward counties spent a combined $96 million on electric buses back in 2019, about $1.1 million each, versus roughly $500,000 for a normal diesel bus. Broward's electric fleet started breaking down every 600 miles, compared to 4,500 miles for their diesel buses. The manufacturer, Proterra, went bankrupt, parts became impossible to get, and now almost 100 of these buses sit parked in a landfill and at an air reserve base, not carrying a single rider, while the counties run the same diesel buses they were supposedly replacing. Miami-Dade's own mayor called it "a sad story."
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Hillsborough County actually did something right for once. They appointed a volunteer committee that spent over a year combing through the county's $12 billion budget and found $682.7 million in flagged waste, including $214 million in contracts with no idea where the money went. The chairman tried to get it on the commissioners' agenda to formally present it. Nothing happened. He tried again. Still nothing. By July he came out publicly saying he felt his own committee was being silenced. Ask yourself why a county would sit on a report showing $682 million in its own waste right before voters decide on a property tax cut in November.
And St. Pete's not done. In June 2026, city council voted to spend up to $590,000 studying whether to leave Duke Energy entirely and build a government-run power company, using the same consulting firm Clearwater already paid for the identical study. The city doesn't own a single pole or power line, Duke has no interest in selling, and the city's own attorneys warned this would likely mean an eminent domain lawsuit that could drag on for years, followed by a bill to build an entire power system from scratch, somewhere near $2 billion. The consulting firm St. Pete just hired already admitted, in Clearwater's report, there's no guarantee a city-run utility would even save anybody money.
Local governments don't have money of their own. The only way they get it is by reaching into your pocket and pulling money out. When they blow it on stuff that breaks in four months or never runs at all, nobody personally loses a thing, they just come back and raise your property taxes to cover it. That's exactly why Amendment 3 matters this November, raising the homestead exemption from $50,000 to $150,000 in 2027, then $250,000 in 2028, wiping out the non-school portion of property taxes for over 60% of Florida homeowners. Make sure you vote Yes on 3 and put your money back where it belongs. In your pocket.
Grant Warrington
Think like an Investor
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