ORLANDO, Fla. — Despite objections from homeowners, Orlando city commissioners unanimously voted to drastically increase property taxes during a budget meeting Monday evening.
Property taxes are set to increase by anywhere from 17 to 23 percent depending on home values. The hike means one dollar for every thousand dollars of home value.
Several residents spoke out against the tax increase at Monday's budget hearing.
"What's behind the tax increase is they have to make up the money they've spent on these venues," said resident Lawanna Gelzer.
Commissioner Tony Ortiz scolded the tax hike opponents and said they were uninformed.
"It's very easy to just sit down on the other side and just criticize. Why don't you join us?" said Ortiz. "Be part of the team."
Commissioner Regina Hill attempted to skip the vote altogether, but voted yes when she was told that she legally has to vote.
Channel 9 found out the increase would bring in an extra $17 million for Orlando, which is considerably less than the city's investment in its new soccer stadium.
The price tag for the new Orlando City Soccer stadium is getting big, but Mayor Buddy Dyer emphasizes that the property tax increase is for ongoing operational costs, not the stadium.
The city's investment for the stadium, however, is adding up.
The city has spent $12 million on land. Demolishing the north pond and modifying the south pond will tack on $6 million more, while moving the fire station and creating a temporary station adds on another $5 million.
Closing Parramore Avenue will cost about another $1 million, which brings the total to $24 million, which is a lot more than a nearly 18 percent property tax increase would generate.
Homeowner Frank Caprio said the tax increase will affect how he votes when the election rolls around.
"We need to get responsible people into government," Caprio said.
The property tax increase will cost the owner of a $200,000 home with a homestead exemption an extra $150.
"There's never a good time to raise taxes but I have to tell you, we have to pay our bills," said Commissioner Patti Sheehan.
The new tax rate goes into effect in two weeks.