FloridaTaxDollars.org
Amendment 3 · Election Day, November 3, 2026

Amendment 3, in plain numbers

Amendment 3 would cut property taxes for people who own the home they live in. This site estimates how much you could save, how the change could affect city and county budgets, and how fast local property taxes have grown. It does not tell you how to vote.

Independent and nonpartisan Every number sourced Every Florida county and city

It needs 60% to pass, and recent polls are split

60%

Amendment 3 changes the Florida Constitution, so it needs 60% of the vote to pass, not a simple majority. In recent polls, Yes ranges from 42% to 63%, and 15% to 24% of voters are still undecided. One poll shows it above 60%. Four show it below.

YesUndecidedNo60% needed to pass
PollsterYesNoUndecidedPaid for byDates (2026)Likely voters

A sample of recent polls, as of October 16, 2026.

About these polls

Results as reported by the Sun Sentinel, NBC 6 South Florida, The Capitolist, the News Service of Florida and Florida Politics. Polls with a published margin of error are accurate to within 3 to 4 points either way. How a poll describes the amendment matters: the 63% poll showed voters the full ballot wording, and the 42% poll described it in one line as eliminating non-school property taxes on homes people own and live in. How polls were chosen

What the ballot says

Amendment 3 · Proposed by the Florida Legislature
INCREASED HOMESTEAD EXEMPTION; LOWER CAP ON INCREASES IN NON-HOMESTEAD PROPERTY ASSESSMENTS

If you own the home you live in, more of its value would be free from city, county and other local taxes. School taxes would not change. Taxes on rentals, second homes and businesses could rise more slowly. Cities and counties would have to spend property tax money mainly on things like police, fire, roads and schools. It needs 60% of the vote to pass.

What it would change

Your home's tax-free amount
$51,411 → $250,000

The for would rise to $150,000 in 2027 and $250,000 in 2028, then grow with inflation.

School taxes
No change

Only the first $25,000 of value stays free from school taxes, as it is today.

Rentals, second homes, businesses
10% cap → 5% cap

Today the of property can rise up to 10% a year for non-school taxes. This lowers the limit to 5%.

How local taxes can be spent
New limits

Counties and cities would have to spend property taxes on public safety, schools, infrastructure, natural resources, debt, retirement costs, and operations. Other spending would need local approval and could be banned by state law.

Local option
Could go further

The Legislature would set a way for counties and cities to raise the exemption, up to a home's full value. Special districts could too, with voter approval.

Moving to Florida later
Five-year wait

People who were not residents by December 31, 2026 keep today's exemption until their fifth year. The ballot says this applies only as far as the U.S. Constitution allows, so it may be challenged in court.

Not changing
Save Our Homes

The yearly cap on your home's assessed value (), portability, and senior, veteran and disability exemptions stay the same.

Timing
Bills in late 2027

If it passes, it takes effect January 1, 2027. The first tax bills it affects arrive in November 2027.

Cost to local governments statewide
$11.8 billion a year

When fully phased in, per the state's Revenue Estimating Conference. $4.9 billion in the first year and $8.7 billion in the second.

How fast property taxes have grown

Long-run figures for the non-school property taxes the amendment would cut, compared with population, prices and household income. Start with Florida as a whole, or type the name of any county or city.

Does a bigger population mean a bigger budget?

Not automatically, which is why the tiles above show two numbers: one that treats new residents as costing nothing extra, and one that treats them as costing as much as existing ones.

Read more

Some costs rise as a place grows, but many don't. A city doesn't need a second city manager, finance department or city hall for every few thousand new residents. Costs like a new fire station or a new road come in steps, and each step can be justified on its own. Research hasn't settled how much new spending each new resident requires.

So the site shows both. Total, after inflation treats new residents as costing nothing extra. Per resident, after inflation treats every new resident as costing as much as existing ones. The real need falls somewhere in between, and the per-resident number is the most that population growth could explain.

About this data

How these figures are calculated · Gaps and adjustments

What grew

About this data

Side by side

GovernmentAfter inflationPer resident, after inflationYearsPopulationTotalPrices (inflation)Measure

Pick any county or city above to compare it with its county and with Florida as a whole. Most places start in 2000 and run through 2025.

Where the money went

Property taxes grew faster than population and prices combined. This section looks at what local governments spent the money on, using U.S. Census Bureau surveys of every Florida county and city. School districts are left out, since Amendment 3 does not change school taxes.

Part 1 · Workforce

Local government jobs grew 25% while population grew 46%

Local government jobs per 1,000 Florida residents
All other functionsPolice and fire
About this data

Full-time equivalent jobs in Florida's county, city and special district governments each March, from the Census Bureau's Annual Survey of Public Employment and Payroll. Left out: schools, hospitals, utilities, transit, airports and ports, which are paid for mostly by state school funding or user charges rather than local property taxes. Population: Florida estimates used elsewhere on this site. Sources and method

Part 2 · Spending

Spending growth went to operating costs, not construction or debt

About this data

Operating spending (Census "current operations") for each government that reported in both the 2002 and 2022 Census of Governments. For Florida governments, whose fiscal years end September 30, those surveys cover fiscal 2001 and fiscal 2021. Amounts are in fiscal 2021 dollars. Wages are March 2002 and March 2022 payroll times 12, from the Census employment survey for the same governments, adjusted for prices in those months. "More workers" is the change in full-time equivalent jobs at the earlier pay; "Higher pay" is the change in pay per job. "Everything else" includes employee benefits such as pension contributions and health insurance, contracted services, insurance premiums, fuel, utilities and supplies. Left out on both sides: schools, hospitals, and electric and gas utilities. Sources and method

Construction spending per resident is down

Construction and equipment spending per Florida resident, all counties and all cities, in fiscal 2021 dollars. It peaked around 2006 and has stayed lower since, so fiscal 2021 was not a one-year dip.

Fiscal year20012006201120162021
Counties$314$346$245$211$228
Cities$187$205$153$159$139

Some building for new growth now runs through special districts, such as community development districts, and impact fees rather than county and city budgets. Special district construction spending rose from about $121 to $147 per resident between fiscal 2001 and 2021. County spending picked up in fiscal 2023, to about $245 per resident, still about 22% below fiscal 2001.

Interest costs fell while operating costs rose

Interest on debt per Florida resident, all counties and all cities, in fiscal 2021 dollars.

Fiscal year20012006201120162021
Counties$143$93$88$57$43
Cities$55$51$42$29$23

About 90% of the drop came from lower interest rates on new and refinanced debt, and the rest from carrying less debt. Average rates fell from about 6% to about 3.5%, and debt fell about 13% for counties and 4% for cities after inflation. Most local debt is fixed-rate, so the savings largely continue: county interest per resident was slightly lower in fiscal 2023 than in 2021.

Pensions: a cost that follows the past, not the payroll

Nationally, state and local government retirement costs per hour worked rose about 330% from 2004 to 2026, compared with about 96% in private industry. A government's yearly pension bill has two parts. One pays for benefits workers earn this year and moves with payroll. The other pays down benefits already promised that the plan does not have the money for. That part grows when past benefit increases, investment losses or assumptions that proved too high catch up, and it does not shrink when staffing does.

City contributions to its own pension plansFY 2001FY 2021Change

In fiscal 2021 dollars, from the 2002 and 2022 Census surveys. Same plans in both years; state insurance premium tax money paid into police and fire plans is left out. In fiscal 2021, Jacksonville paid about $135 million into its police and fire plan, roughly 46 cents for every dollar of police and fire payroll. Many governments also pay into the Florida Retirement System, which is not included here.

Why pension costs seem to appear suddenly

Pension shortfalls build up over many years, but they reach the budget slowly and late, for three reasons.

  • The budget pays a yearly contribution, not the whole liability. Each year an actuary sets a required contribution: the cost of benefits earned that year, plus a payment on any shortfall, usually spread over about 30 years like a mortgage. A market loss, a benefit increase or a lower return assumption adds a new installment on top of the old ones.
  • The unfunded liability was not on the balance sheet until 2015. Actuaries calculated it and the financial report notes disclosed it, but governments only began reporting it as a liability after an accounting rule change that took effect in 2015.
  • The required contribution is only as accurate as its assumptions. If the assumed investment return is too high, the bill is understated. A government can pay 100% of the required amount every year and still fall behind.

Example: Jacksonville police and fire pension plan

  • 1992: unfunded liability of $42 million, with an assumed return of 8.75% a year.
  • 1998 to 2001: benefit increases, including a retirement option (DROP) that guaranteed 8.4% interest on balances, the full 80% pension after 30 years of service instead of 32, and the cost-of-living increase paid entirely by the city, locked in by a 30-year agreement.
  • 2001 to 2012: investment returns averaged 5.76% a year against assumptions of 8.5% or more, with losses in 2001, 2002, 2008 and 2009. The city reported paying 100% of the required contribution each year.
  • 2012: 39% funded, with an unfunded liability of $1.68 billion.
  • 2013 to 2017: a city review commission report, a rejected settlement, a forensic investigation of the fund, a 2016 referendum approving a dedicated pension sales tax that begins after 2030, and closing the plan to new hires in 2017.
  • 2013 to 2022: the liability rose another $660 million from changes in assumptions, mostly lowering the expected return, and $215 million from pay and other experience worse than assumed. Benefit changes netted to about zero. The plan was 43% funded in 2013 and 40% in 2023.

So the low fiscal 2001 contribution reflected assumptions that proved too high more than low costs, and much of the fiscal 2021 contribution pays for promises and expected returns from around 2000. Sources: Jacksonville TRUE Commission report on the Police and Fire Pension Fund (2013); City of Jacksonville Annual Comprehensive Financial Report, fiscal 2023, pension notes and 10-year schedules of changes in net pension liability.

Estimate your savings

Use the on your , not what your home would sell for. If you have owned your home for years, the assessed value is often much lower.

Example: a long-time Florida homeowner

Maria has owned her home for 15 years. It would sell for about $400,000, but its assessed value is $220,000. At a non-school tax rate of 12.54 mills, she pays about $2,115 a year in non-school taxes today. Under Amendment 3 she would pay about $878 in 2027 and $0 in 2028. Her school taxes, about $1,227, would stay the same.

Starts with Maria's example. Type in yours.
Add up every rate on your except the school rates. When you enter a rate here, the calculator uses it instead of the estimate.
Estimated savings, 2027$0
Estimated savings, 2028$0

Your non-school taxesToday20272028
Savings by assessed value
20272028

Uses an estimated TRIM rate unless you enter your own. Assumes tax rates stay at 2025 levels and leaves out other exemptions you may have, such as senior or veteran exemptions. Real savings depend on future tax rates. Not tax advice. How the calculator works

How much local government revenue would be reduced

Whatever homeowners save comes out of the budgets of cities, counties and special districts. These are estimates from the state and the city, and the real amounts will depend on future values and tax rates.

A county cut can reach city budgets too

Many cities receive money that is paid for by county and special district property taxes, such as county payments for emergency medical service and shared library systems. If those governments cut payments to offset their own reductions, a city's reduction could be larger than its own estimate.

For example, based on its budget, Tarpon Springs gets about $4.5 million a year from sources like these, including county EMS payments to its fire department ($2.97 million) and the county library cooperative ($370,000).

See the case study

Can local governments absorb the reduction?

One way to judge whether a government can absorb Amendment 3 without raising tax rates or fees is to compare the reduction with how much its property taxes grew beyond population and inflation since 2000. Inflation is measured two ways: standard inflation (the consumer price index), and government-cost inflation, which tracks the prices of what local governments buy, such as staff, benefits and construction. Government costs have risen faster, so the second measure gives governments more room.

Dashed line: property taxes after the full reduction. Where it sits left of a benchmark bar’s end, the reduction takes taxes below that benchmark.

Across Florida

All counties and cities. This box does not change with the county or city you pick.

How to read this, and its limits
  • The starting assumption: local governments provided adequate services around 2000. The benchmark is what property taxes would be today if they had grown only with population and inflation since then. It is a reference point, not a definition of the right budget.
  • Two inflation measures: standard inflation (the consumer price index), and government-cost inflation (the federal price index for state and local government spending), which rose faster because it reflects what governments pay for staff, benefits and construction. The second gives governments more room. Both are shown.
  • The reduction: the state Revenue Estimating Conference's estimate for each county and city (July 2026), as a share of property taxes in the same year. Each government's taxes are assumed to grow at the statewide forecast rate. The estimate assumes today's tax rates.
  • Some costs are fixed. Pension payments for past service and debt payments cannot simply be cut, so a government with large fixed costs has less room than this comparison suggests. See the pension note in "Where the money went."
  • Absorbing the reduction is a choice. A government can also raise its tax rate. Under Amendment 3, homes covered by the larger exemption would pay little of any increase; rentals, businesses and second homes would pay most of it.

Sources and method

A question to ask your city or county

Based on the data above. It changes with the county or city you pick in the growth section. Budget hearings are held each September, and commission meetings are open to the public.

    Renters, landlords, businesses and newcomers

    • No direct savings. Only homes people own and live in get the bigger exemption.
    • Slower increases. The taxable value of rentals, second homes and businesses could rise no more than 5% a year, down from 10%.
    • A bigger share of any rate increase. If a city or county raises its to make up the reduction, homes covered by the new exemption pay little of it. Rentals and businesses pay most of it, and some of that can show up in rents.

    Glossary