> Lastly, county governments (which are the most substantial government players in South Florida) will begin to experience issues because their expensive proper

> Lastly, county governments (which are the most substantial government players in South Florida) will begin to experience issues because their expensive properties closest to the water are the biggest contributors to the tax base. As those low lying areas are flooded more frequently, there is a very real possibility that the value of all the mansions lining the streets and canals drop. This can't be overstated. There is no state income tax in Florida. Property tax and tourism-related taxes are major sources of income for municipal organizations in FL. As these go, so goes the funding for public entities.