Ocoee cancels annual Music Fest as city braces for possible property tax revenue losses

Ocoee has canceled its annual free Music Fest this year, as city leaders prepare for the potential financial impact of a proposed statewide property tax amendment that will appear on the November ballot. City officials say the decision is part of a broader effort to reduce spending ahead of uncertainty over future revenues. If voters approve the amendment, Commissioner George Oliver III said Ocoee could lose more than $8 million in annual property tax revenue by 2028.