FL S1426

Creates the Local Government Fiscal Transparency Act requiring local governments to post voting records on tax increases and new tax-supported debt issuances for the preceding 4 years, with phased implementation by October 1, 2021.

Requires property appraisers to maintain websites with access to property tax notices and millage rate history for each parcel, and local governments to post their own millage rate history and revenue data dating back 4 years.

Mandates local governments hold public hearings at least 14 days before voting on tax increases or new tax-supported debt issuance, with specific advertising requirements including newspaper notices of at least one-quarter page size with 18-point headline.

Requires local governments to conduct debt affordability analyses before issuing new tax-supported debt and provide truth-in-bonding statements showing principal, interest costs, repayment term, and impact on available funds.

Requires counties and municipalities to maintain tentative and final budgets on their websites for 45 days and 2 years respectively, and requires financial audit reports to include affidavits from governing board chairs certifying compliance with the transparency requirements.