Crews clear lots of destroyed homes in Fort Myers Beach, Fla., in February 2022, four months after Hurricane Ian. Joe Raedle/Getty Images October 5, 2023 Climate change is a fiscal disaster for local governments − our study shows how it’s testing communities in Florida Linda Shi, Cornell University; Tisha Joseph Holmes, Florida State University, and William Butler, Florida State University A new study of Florida’s fiscal vulnerability to climate change finds that flooding directly threatens many local tax bases.
