Property Taxes

Amendment 3, if voters say "yes", would increase the homestead property tax exemption from $50,000 to $150,000 in 2027, and it would rise to $250,000 in 2028. The 10 percent cap on annual assessment increases for non-homestead properties would be lowered to 5 percent.

As our staff focuses on WUSF’s annual fall pledge drive this week, “Florida Matters Live & Local” is presenting some of our favorite interviews from the past few months.

Florida’s Amendment 3 could save homeowners money on property taxes. But a new report warns it could also mean less funding for programs serving children and families.

Florida voters could get a major property tax cut through Amendment 3. But local governments warn the lost revenue could mean fewer services.

The move by the Realtors means Amendment 3 will get considerable backing, amid an heavy pushback from a variety of groups opposed to the measure.

A coalition of government leaders from two counties launched a campaign to oppose the property tax referendum that may lead to local service cuts.

Florida's Republican candidate for governor spoke at a campaign event at TECO's new operations center in north Tampa.

The Florida Policy Institute estimates the state's public hospital districts and health systems could lose $323 million over the next three years.

The figures assume cuts would be made proportionally based on current funding levels and allocations; no funding decisions have been finalized.

Florida TaxWatch launched its Property Tax Research Center to help clear up any confusion on the Amendment 3 property tax proposal that voters will decide on Nov. 3.

Among the changes in the 134-page contract from May's nonbinding MOU: The Rays increased their commitment by $100 million, to $1.37 billion, with a corresponding decrease in the public contribution.

A draft is expected to go public Thursday. The agreement, which will include recent proposals by Councilman Bill Carlson, would then be added to upcoming agendas for the city council and county commission.