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Tampa Bay Times: Pew Study: Tampa Hit Bottom of Recession Harder Than Other Big Cities

When it comes to government revenue, Tampa hit the bottom of the Great Recession harder than many big cities, according to a new study from The Pew Charitable Trusts' American Cities Project.


"Back in 2007, the Florida property market was very robust, and you saw double-digit gains in property tax values year over year," said Kil Huh, who directs Pew's work on state and local fiscal health. "So what the Florida Legislature attempted to do was enact some sort of property tax relief. I don't think anyone saw that there would be a housing market (collapse) and a financial crisis in the coming years."

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American Cities Project

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