PORT ST. LUCIE, Fla.- Today, Chief Financial Officer (CFO) Blaise Ingoglia announced over $46 million in the St. Lucie County budget as “excessive, wasteful spending.” The General Fund Budget increased by 76.01% since Fiscal Year (FY) 2019-2020. CFO Ingoglia is calling upon St. Lucie County’s elected officials to offer significant property tax relief.
Chief Financial Officer Blaise Ingoglia said, “Across 17 local government spending reviews, we have seen bloated budgets and excessive spending become the standard for local government bureaucrats. The residents of St. Lucie County deserve for their elected officials to demonstrate fiscal restraint, but sadly, that is lacking in this local government. I will continue to uphold my responsibility as an advocate for the taxpayers and work so that Floridians see real property tax relief.”
Greg Ungru, Americans for Prosperity, said, “CFO Ingoglia has continued to identify irresponsible local government spending exceeding population growth and inflation. By being able to hold local government officials accountable, we are working towards lowering property taxes and putting money back into the pockets of the taxpayers.”
The Florida Agency of Fiscal Oversight (FAFO) discovered a $123,140,121 increase over the past six years in the General Fund Budget. Additionally, the population increased by 72,452 people, which represents 22.01%. For every new person that moved to St. Lucie County, the budget increased by $1,700, and for a family of four, the budget increased by $6,800.
For the 72,452 citizens who moved to St. Lucie County, there have been 212 full-time employees hired, of which only 22 were sheriff’s office employees.
FAFO recommends that St. Lucie County decrease its millage rate by 1.04 mills. The county can apply this reduction without impacting any of the essential services provided to residents. With this reduction, homeowners could save:
- A taxable home value of $300,000 would save $312 per year
- A taxable home value of $400,000 would save $416 per year
- A taxable home value of $500,000 would save $520 per year
CFO Ingoglia has uncovered over $2.1 billion in excessive and wasteful spending in the General Fund Budget over the past two fiscal years across seventeen local governments. CFO Ingoglia plans to continue to expose excessive, wasteful spending across the state as part of his role as Chief Financial Officer of Florida.
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