Florida state legislature diverted 40% of condo owner association fees into general fund since 2008: report
Fox News
The year before a 12-story building collapsed in south Florida that left 79 dead and 61 still unaccounted for, the state collected $13.7 million in fees from condominium owners associations, vacation timeshares, and mobile home parks, but swept $5 million into the state's general fund, the Daytona Beach News-Journal reports.
Since 2008, the state has diverted $65 million of the $167 million that has been taxed, nearly 40%, into the general fund, according to the Daytona Beach News-Journal. "For years, we've said please don't sweep that fund," Travis Moore, a lobbyist that represents Florida condo owners associations through the Community Associations Institutes, told the local newspaper. "But every year, the Legislature reallocates that money."
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