Climate change is impacting Central Florida municipalities’ budgets and is expected to cause major budget losses as cities rely on property taxes from coastal structures that may be underwater in the future, according to a study from researchers at Florida State University and Cornell.
Researchers believe the United States will likely see two feet of sea level rise over the next 21 years, and chronic or bi-weekly flooding will cause property values to drop, among other things.
FULL STORY AND INTERVIEW with Linda Shi (Cornell), William Butler (FSU), and Zachary Eichholz (Cape Canaveral)
