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State House candidate Angel Ramos aims to reduce reliance on real estate property taxes
HILLSBOROUGH, Fla. - Floridant -- Florida State House candidate Angel Ramos has introduced the Florida Public Asset Revenue Initiative, a policy proposal designed to create new sources of sustainable public revenue by leveraging public assets, private-sector expertise, and existing market demand, with the long-term goal of reducing Florida's reliance on real estate property taxes.
The initiative is based on a simple premise: before asking property owners to continue carrying a growing tax burden, government should examine whether the assets already owned by the public can be used more effectively to generate revenue.
"Florida owns and controls significant tangible and intangible assets, but we have not fully explored how those assets can responsibly generate revenue for the public," said Ramos. "The Florida Public Asset Revenue Initiative is about creating value from what the people already own and using that value to reduce our dependence on recurring property taxes."
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The proposal would establish a framework for identifying appropriate revenue-generating opportunities involving sponsorship opportunities, public facilities, state buildings, and technology to name a few. Rather than relying on the state's purchasing power to lower costs for private businesses, the initiative would leverage public assets and work with private-sector expertise to identify legitimate market opportunities.
Under the concept, public entities would retain ownership and oversight of their assets while using transparent, competitive partnerships to generate new revenue where appropriate. Potential opportunities could include responsible sponsorship agreements, improved utilization of public facilities and state-owned spaces, and the commercialization or licensing of appropriate government-developed technologies and innovations.
"This is not about selling public assets or privatizing essential government functions," Ramos said. "It is about responsible stewardship. If the public owns an asset with legitimate market value, we should examine whether that asset can produce revenue for the benefit of the people."
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A central objective of the initiative is to ensure that newly generated revenue is connected to measurable reductions in reliance on real estate property taxes rather than simply becoming another source of government spending.
The proposal would also call for safeguards including transparency requirements, competitive procurement, independent valuation, conflict-of-interest protections, public reporting, cybersecurity and privacy standards, and clear restrictions designed to protect the public purpose of participating assets.
"The traditional debate too often gives taxpayers only two choices: higher taxes or fewer services," Ramos said. "We should be willing to consider a third option, creating new value from assets the public already owns."
The Florida Public Asset Revenue Initiative represents a new approach to public finance centered on responsible stewardship, strategic public-private partnerships, and revenue diversification.
Read the Full Report: https://electangelramos.com/wp-content/uploads/2026/07/THE-FLORIDA-PUBLIC-ASSET-REVENUE-INITIATIVE.pdf
The initiative is based on a simple premise: before asking property owners to continue carrying a growing tax burden, government should examine whether the assets already owned by the public can be used more effectively to generate revenue.
"Florida owns and controls significant tangible and intangible assets, but we have not fully explored how those assets can responsibly generate revenue for the public," said Ramos. "The Florida Public Asset Revenue Initiative is about creating value from what the people already own and using that value to reduce our dependence on recurring property taxes."
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The proposal would establish a framework for identifying appropriate revenue-generating opportunities involving sponsorship opportunities, public facilities, state buildings, and technology to name a few. Rather than relying on the state's purchasing power to lower costs for private businesses, the initiative would leverage public assets and work with private-sector expertise to identify legitimate market opportunities.
Under the concept, public entities would retain ownership and oversight of their assets while using transparent, competitive partnerships to generate new revenue where appropriate. Potential opportunities could include responsible sponsorship agreements, improved utilization of public facilities and state-owned spaces, and the commercialization or licensing of appropriate government-developed technologies and innovations.
"This is not about selling public assets or privatizing essential government functions," Ramos said. "It is about responsible stewardship. If the public owns an asset with legitimate market value, we should examine whether that asset can produce revenue for the benefit of the people."
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A central objective of the initiative is to ensure that newly generated revenue is connected to measurable reductions in reliance on real estate property taxes rather than simply becoming another source of government spending.
The proposal would also call for safeguards including transparency requirements, competitive procurement, independent valuation, conflict-of-interest protections, public reporting, cybersecurity and privacy standards, and clear restrictions designed to protect the public purpose of participating assets.
"The traditional debate too often gives taxpayers only two choices: higher taxes or fewer services," Ramos said. "We should be willing to consider a third option, creating new value from assets the public already owns."
The Florida Public Asset Revenue Initiative represents a new approach to public finance centered on responsible stewardship, strategic public-private partnerships, and revenue diversification.
Read the Full Report: https://electangelramos.com/wp-content/uploads/2026/07/THE-FLORIDA-PUBLIC-ASSET-REVENUE-INITIATIVE.pdf
Source: Elect Angel Ramos Campaign
Filed Under: Government
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