Florida Amendment 3 sparks local funding concerns

Florida’s proposed Amendment 3 would expand the homestead exemption on non-school property taxes for qualifying primary-home owners from $50,000 to $150,000 in 2027 and $250,000 in 2028; renters and owners of vacation properties would not benefit. Supporters, including Gov. Ron DeSantis and Republican leaders, say the change would ease rising housing costs, while local officials, business leaders and first responders warn that lost revenue could force service cuts, higher fees or other tax increases. Orange County estimates revenue losses of $165 million in 2027 and $275 million in 2028, while state economists project local property-tax revenue could fall by as much as $12 billion annually by 2031. Nonprofits also fear municipal budget cuts could weaken support for working families, including before- and after-school care, and shift more costs to charities and donors. A recent poll found 44% support and 39% opposition, with 17% undecided; the amendment needs 60% approval to pass.