FL H0379

Defines "municipality of special financial concern" as municipalities of special financial concern with per capita taxable value of $58,000 or less, or municipalities under 20,000 population with per capita taxable value of $46,000 or less

Allows municipalities of special financial concern or those with annual revenues/expenditures under $1 million to apply for waivers from capital improvements element updating requirements if they meet specified criteria including minimal vacant property, no scheduled improvements, or no recent annexation or development activity

Allows municipalities of special financial concern or those with annual revenues/expenditures under $1 million to apply for waivers from regional water supply plan amendment requirements upon meeting similar criteria

Allows municipalities of special financial concern or those with annual revenues/expenditures under $1 million to apply for waivers from comprehensive plan evaluation and appraisal scoping meeting requirements

Raises the municipal financial audit threshold from $250,000 to $1 million in revenues or expenditures, reducing audit requirements for smaller municipalities and changing the lower audit threshold from $100,000-$250,000 to less than $1 million