4th of JULY

Wear your red, white and blue outfit and mosey over to FAU, beginning at 6 pm on Wednesday, July 4^th for a musical revue at 4 pm of “An American Songbook: Irving Berlin, at FAU’s University Theater. Tickets are $20. At 5:30, a few blocks away, the outdoor event will begin with games at the carnival midway and family activities. The muxic beings with the “Rumor Has It” band offering music of the 1950’s and 1960’s. At 6 pm family activities are held and at 6:30 pm there will be a stage show, “You’re A Grand Old Flag. At 7:30 the Florida Wind Symphony presents a patriotic musical tribute including vocal selections from the “Irving Berlin Review” and popular family musical, “Bye Bye Birdie, both currently being presented at the University Theatre.

At 9 pm, a fireworks display will take place with traditional patriotic music supplied by Radio station WRMF 97.9 FM.

Other activities include appearances by FAU athletic teams and coaches, clowns amking animal sculptured balloons, face painting, sand art, gift drawings and family games. Special music and activities will be provided by the Childrens Museum and Glass Productions. “Operation Goody Boxes”, coordinated by the Humanitarian Society and othes, will receive monetary donations at their tent by the stage area to prepare and mail “goody boxes” to troops overseas.

Food vendors will provide picnic-type foods. No personal fireworks, open fires, pets or alcoholic beverages allowed. Bring blankets and lawn chairs. Closest parking lots to the events are 1, 2, 4 and the parking garage next to parking lot 1. Those with handicapped needs are asked to use the 20^th Street entrance and go to parking lot 1. For information call 561-393-7806, selection 2.

ISRAEL BONDS INVESTMENT BILL SIGNED BY GOV CHRIST

A bill authorizing county and local governments throughout the state to invest surplus funds in bonds backed by the full faith and credit of the State of Israel has been adopted by the Florida State Legislature, starting July 1st, and was signed by Governor Charlie Christ on June 8th at a ceremony at Temple Beth El in Boca Raton.

Those authorized to invest are state agencies, municipal fire and police pension funds and local governments.

Gov. Christ recently returned from a trip to Israel that focused on bilateral trade between Israel and the State of Florida.

The first Israel bond was sold in 1951 and close to $25-billion in investment capital has been secured for the development of every aspect of Israel’s economy including agriculture, commerce and industry, and to absorb Jews from the former Soviet Union, Ethiopia and elsewhere.

More than $100-million of Israel Bonds are purchased every year within the State of Florida by individuals, corporations, pension plans, universities, hospitals, foundations, unions, banks and insurance companies.

“PROTECTING FLORIDA’S INVESTMENTS ACT” SIGNED

Florida has now become the first state in the US to link its public investments with the actions of “rogue” nations.

The new law allows Florida to divest some of its $150-BB fund and other public investments from firms that refuse to stop doing business with or otherwise support Iran and Sudan. Genocide and the development of nuclear weapons by Iran, the “world’s leading state sponsor of terror,” will not be sponsored by Florida, said Senator Ted Deutch (D-Boca Raton) and he praised Florida Governor Charlie Christ, just back from a trip to Israel, for signing the bill.

Deutch says he is working with other states to accomplish a similar program, and Governor Christ has sent letters to Governors of 49 other states encouraging them to follow suit. Deutch said the use of the law would require three steps: Identify firms with ties described by the law, Engage those firms “in a dialogue that causes them to understand what they are doing, and Ask that those ties be severed. If they are not severed, those stocks will be divested from the pension funds holdings.

This bill was signed by Governor Christ at Temple Beth El in Boca Raton.

TAX CUTS ARE IN.....

Dear Property Tax Reform Supporter:

I am excited to announce that an agreement has been reached between the House and the Senate on the tax cut levels for historic relief and reform package that will save Florida taxpayers $31.6 billion over the next five years. This is, by far, the largest tax cut in Florida’s history.

I cannot be more proud of the excellent work of our negotiating team and the valuable input from our respective legislative chambers. Together, we are bringing forth a thoughtful and comprehensive plan that will give every property owner – homestead, non-homestead residential, and commercial/industrial – a tax cut this year. We are confident that when this plan is implemented, Floridians will finally have a more equitable tax system that will yield property tax bills that they can afford to pay.

The details of the plan are provided below. Thank you for continued involvement in this very important issue. Please e-mail us at info@nomorepropertytax.com for more information.

Sincerely,

Marco Rubio

Speaker, Florida House of Representatives

$15.6 billion in Immediate Tax Relief and Reform (Statutory Changes)

• Beginning this year, every category of property taxpayer will benefit from the cut and the cap that the statute imposes.
• All cities and counties will be required to cut taxes in the upcoming 2007-2008 fiscal year to the 2006-2007 revenue levels. These local governments will then be required to make an additional cut of 3%, 5%, 7% or 9%. The level of cuts will be determined by a formula that analyzes their taxing performance over the past 5 years, measured against a statewide average.
• Special taxing districts and fiscally limited cities and counties will be required to cut taxes to the 2006-2007 revenue levels and make an additional cut of 3%.
• A cap on future property tax revenues (based on the rate of personal income growth and new construction) will be imposed to ensure that government cannot grow faster than personal income.
• Local governments may override the cut and the cap. The method for the override will vary based on the magnitude of the local government’s action (escalating from a supermajority vote of the local governing body, to a unanimous vote of the local governing body, to a referendum).

$16 billion in Further Tax Relief and Reform (Constitutional Amendment)

• The estimated average savings for a homestead property (combining statutory and constitutional changes) will be $1,300 in 2008-2009. This average savings represents a 44% reduction.
• “Save our Homes” is replaced with a new “super exemption”. An estimated 73% of homesteaded properties will receive a greater benefit under this new exemption.
• The new “super exemption” will be as follows:
• Level 1: Homestead Property will receive an exemption of 75% of the first $200,000 in value of the home. The minimum exemption is $50,000 per homestead.
• Level 2: In addition to Level 1, homestead property will obtain another 15% exemption for the next $300,000 in value.
• We will grandfather the tax savings and assessment cap for the minority of property owners who have greater benefits under the current “Save our Homes” plan.
• We will preserve all existing constitutional exemptions based on special circumstances, including those now provided to disabled veterans, low income seniors and agricultural lands.
• Because the tax base for all taxing authorities will decline under the constitutional amendment, the fiscal analyses reflects a reduction in school funding. We intend to hold schools harmless from these cuts.

Other Constitutional Changes

There has been agreement to address remaining issues such as additional relief to low income elderly taxpayers, offering incentives for affordable housing and providing tax reform for “working waterfronts” and small businesses. Small businesses will receive a $25,000 tangible personal property tax (TPP) exemption resulting in a total exemption for $1 million of the 1.3 million businesses who must pay this tax. Furthermore, those who receive a total exemption on their TPP will never have to file the burdensome paperwork associated with the tax again.

FLORIDA’S HERITAGE TO BE SHOWN IN ART SHOW & THEATRE AT SUGAR SANDS PARK

Willow Theatre presents “The Life of Ivy Stranahan: A florida Pioneer, Saturday June 23^rd at 2 pm. Reknowned historical Chautauqa portrayal artist tells tales of old Florida, with Mrs. Stranahan trekking through knee-deep mud, championing the Seminole Indians cause and becoming Ft. Lauderdale’s first teacher, a portrait of achievement and courage. Tickets are $12. Purchase at box office (561-347-3948).

The Boca Historical Society exhibits will include”Herstory: Boca Raton’s Pioneer Women.”

Sugar Sands Park Community Center and the Willow Theatre are located at 300 S. Military Trail, B oca Raton (561-347-3900 or www.sugar-sandpark.org).