Report: Sea level rise will affect the property lines of Florida’s coastal counties
Rising seas will shift tidal boundaries, leading to the loss of taxable properties, according to a new study. This is expected to impact the tax base of hundreds of U.S. coastal counties, with Florida being the state most affected.
A new analysis released Thursday highlights how sea level rise will change private property boundaries along coastal areas.
Using the latest climate models and current emissions data, researchers with Climate Central, a nonprofit news organization that analyzes and reports on climate science, have determined that private property owners across the U.S. will lose an area the size of New Jersey by the year 2050.
“By mid-century, more than 648,000 individual tax parcels, totaling as many as 4.4 million acres, are projected to be at least partly below the relevant tidal boundary level,” according to the report. “Of those, more than 48,000 properties may be entirely below the relevant boundary level. Florida, Louisiana, and Texas have the largest number of affected parcels.”
Don Bain, an engineer and senior advisor for Climate Central, said Florida has the most properties that will be impacted — more than 140,000 by 2050.
His team generated more than 250 individual county reports to identify any potential movements of public-private property boundaries. He said the losses will result in less property tax revenue.
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