LISTEN LIVE

homestead exemption

The group Florida Realtors has poured $6.6 million into its political committee aimed at Amendment 2’s passage.

Roberto Roldan / WUSF Public Media

The November election ballot will have 13 constitutional amendments, including one to increase the property tax exemption.

Amendment 1 is effectively a tax cut for homeowners. A July poll by the Florida Chamber of Commerce found the amendment has overwhelming support from voters, but many local governments are afraid they will be negatively impacted by it. 

Recent polling shows there are four constitutional amendments poised for approval on Florida’s November ballot. Three of those deal exclusively with the issue of taxation. But there’s ongoing concern that determining tax policy through constitutional referendum isn’t in the public’s best interest.

Tim Fanning / WUSF Public Media

Some local government leaders are saying state legislators are choking their ability to pay for programs for their communities. City and county governments across Florida face a possible decline in tax revenue. That’s because of a proposed homestead exemption on the November ballot.

At the same time, local leaders are scrambling to find funds to pay for state mandated programs, such as Pinellas County's new $20 million school safety officer requirement.

The full Florida Senate is preparing to take up a modified version of the House’s tax cut proposal.  But a property tax measure may be more important to House leaders.

Drew McKissick / Flickr

Florida homeowners may get an additional $25,000 homestead exemption if voters go along with the proposal.

Tallahassee City Commissioner Gil Ziffer says although a proposed increase in the homestead tax break would keep money in the pockets of homeowners, the move could hurt local governments.