Property appraiser: Amendment 3 won’t hit Monroe County as hard

Property appraiser: Amendment 3 won’t hit Monroe County as hard

(Editor’s note: This is a submission from Monroe County.) The state of Florida will vote on an amendment to the Florida Constitution, known as Amendment 3, in November. The amendment would increase homestead exemptions to $150,000 in fiscal year 2027 (FY27) and $250,000 in fiscal year 2028 (FY28) and would cap the amount non-homesteaded properties […]

Opposition Surges Against Florida Amendment 3 As Budget Warnings Mount - Tampa Free Press

A growing coalition of statewide organizations, local officials, and civic groups has formalized opposition to Amendment 3, a proposed constitutional amendment on the November 2026 general election ballot that would overhaul local property taxes across Florida. The newest organizations to announce their formal opposition this week include the Florida Library Association, the Florida Association of […] Opposition Surges Against Florida Amendment …

Florida Faces Potential Hurricane Recovery Funding Squeeze - The MortgagePoint

Florida’s proposed reductions in property taxes, combined with possible cuts in federal disaster assistance, could create a financial “perfect storm” that jeopardizes hurricane recovery, as indicated by a recent analysis. The property tax initiative, known as constitutional Amendment 3, is set to appear on the ballot in November. When fully enacted, it is projected to reduce local government revenues by approximately $12 billion statewide, accor…

Budget Scenario Planning for Florida HJR 1-F (Property Tax Amendment)

Local government budget offices typically work toward one adopted forecast. This year, Florida finance teams may need two.  If voters approve HJR 1-F, also known as Amendment 3, in November, the homestead exemption changes take effect January 1, 2027. If they don’t, the current law stays in place. Because that decision comes in the middle of FY 2027-28 budget preparation, waiting until after the election isn’t much of an option. The suggested re…