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Paid political advertisement. Paid for and co-sponsored by: FLORIDIANS FOR TAX RELIEF P.O. BOX 782 Tavares, FL 32778 Ed Havill, State Chairman -Josie Davis,Jr,Treasurer O`G` O\S`; GO�G V PETITION FORM TO: (Please print, last name first) Name Home Address City County Precinct # _ FLORIDA CONSTITUTIONAL AMENDMENT PETITION FORM FL. Zip Cong. Dist. # 1 am a registered voter of Florida and hereby petition the Secretary of State to place the following .ballot title, summary and constitutional amendment, pursuant to Article XI, Section 3, of the Florida Constitution, on the ballot in the next general election held more than ninety days after this petition is filed with the Secretary of State. If any portion of this ballot title, summary and amendment is found to be invalid, the remaining portions shall not be invalidated. If this amendment is found to contain multiple subjects, all references to such additional subjects, found after the first subject, shall be invalid, but the remaining portions of the amendment shall not be invalidated. Ballot title and summary: CITIZENS' CHOICE ON GOVERMENT REVENUE Limits the state and each taxing unit to 1980-81 revenue dollars plus ad valorem taxes on subsequent new construction and annual adjustments of two-thirds of the Consumer Price Index percentage change; however, the maximum annual adjustment increase for ad valorem taxes is five percent. Revenue limits may be exceeded only with voter approval, for specified purposes, amounts and periods. Enforcement is by setting aside excess revenue, reduction of rates and taxpayer suits. Includes related provisions. The following new section is added to Article VII of the Florida Constitution: CITIZENS' CHOICE ON GOVERNMENT REVENUE: (a) Revenue received by the staid and by each taxing unit for each fiscal period shall be limited to the revenue limit for the preceeding fiscal period plus the annual adjustment and any ad valorem taxes on improvements due to new construction subject to assessment for the first time. (b) For purposes of this section: (1) revenue includes ad valorem taxes, other taxes and all other receipts, but excludes receipts from the United States government and its instrumentalities, bonds issued, loans received and the cost of investments sold. Receipts of agencies and instrumentalities and proprietary and trust funds shall be included in the revenue of the state or other taxing unit as appropriate. (2) the annual adjustment for each fiscal period shall be the revenue limit of the preceeding fiscal period times two-thirds of the percentage change in the Consumer Price Index for All Urban Consumers, U.S. i verage, Items, = 0, or successor reports, for the precee mg calendar year, as initially reported by the United States Department of labor, Bureau of Labor Statistics; however for ad valorem taxes no annual adjustment increase shall exceed five percent of the ad valorem taxes of preceeding fis al iod. eaci-T—sciaTperiod shall twelve months. (4) the initial revenue limit, for the first fiscal period beginning after the effective date of this section, shall be calculated by using the revenue in the fiscal period beginning in 1980, plus subsequent changes due to annual adjustments and ad valorem taxes on new construction, as if this section had been in effect. (c) Revenue collected in excess of a revenue limit shall be placed in escrow until the following fiscal period, in which period it shall be deemed revenue received, and applicable rates shall be reduced in an amount reasonably calculated to comply with the revenue limits of this section. (d) When authorized by vote of the electors of a taxing jurisdiction: (1) revenue limits may be exceeded four specified purposes and amounts, for not longer than two fiscal periods; (2) revenue limits may be exceeded to provide for principal and interest payments on designated bonds for specified purposes. (3) a taxing unit may use its first fiscal period, in lieu of one beginning in 1980, for determining initial revenue limits. (e) Revenue limits may be exceeded to the extent necessary to avoid impairment of obligations of contracts and bonds existing on the effective date of this section. (f) Any taxpayer of the state shall have standing to bring suit to enforce this section and, if successful, shall recover costs and attorney fees from the taxing jurisdiction. Voter's Signature (Please sign name as it appears on voting roll) NOTE: Sec. 104.185 (Election Law) It is unlawful to knowingly sign a petition more than one time. 45 50PAucOo JUL 14 1982 �ooK L