What you want to know about Florida’s controversial property tax idea on the official 2026 ballot.
Voters in Florida will decide on an amendment this November that would significantly increase the homestead exemption, potentially eliminating non-school property taxes and providing savings for long-term residents. However, this change is expected to create “crushing deficits” for local governments, which rely on property taxes to fund essential services like law enforcement and fire protection. Furthermore, a clause requiring five years of residency to receive the new, additional exemptions would place a “heavier load” of increased taxes on active-duty military members and other new residents in the short term, as local governments may be forced to raise millage rates to offset revenue loss.
Cities Across Florida Brace for New Property Tax Fight
Florida cities are warning lawmakers that Governor Ron DeSantis’ proposed property tax overhaul could dramatically impact local services and municipal budgets statewide.
Florida Property Tax Proposals Draw Sharp Warnings from Okaloosa Officials
Should Florida eliminate property taxes? Okaloosa County mayors and managers told state lawmakers that doing so would destabilize city budgets, threaten police and fire services, and shift control away from local voters. A new statewide study supports their warning.
You’ll (Probably) Pay More Taxes If You Vote For This Idea In November
Niceville City leaders outlined the cold hard truth – We gotta pay for roads, cops, firefighters and sewers somehow. Here’s the one thing that looks like it’ll save you money, but will probably cost you if you vote for it this November.
