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$46 billion* in funding for local communities lost statewide over 5 years.
What could that mean in your neighborhood?
Amendment 3’s property tax cuts would reduce funding for public services by billions of dollars statewide beginning in 2027–$13.7 billion in the first two years alone. But the statewide number doesn't show how the impact could be felt where you live.
Property taxes help fund valuable services including Fire Rescue and Emergency Medical Services, law enforcement, libraries, parks, hospitals, afterschool programs and other everyday community services. Cutting property taxes won’t eliminate the cost of providing those services. Communities will have to replace the revenue through new taxes and fees, make major cuts to services, or a combination of both.
The impact won’t be shared evenly either. Counties with a smaller commercial tax base, many of them rural, have far fewer ways to make up the difference than large urban counties.
If passed, Amendment 3 will impact everybody, whether you rent or own your home. If communities raise fees and assessments to make up for the lost revenue, the costs will be passed on to renters and homeowners alike. Property tax rates could also be increased non-homestead properties - which includes apartment and home rentals - to make up the gap in revenue, which landlords would pass on to renters. In fact, renters will most likely see higher rents due to this cost shift.
Find out what these Amendment 3 funding reductions look like for your community by using our calculator.
* Revenue Estimating Conference, “Ad Valorem: Homestead Exemption Increases; Assessment Increase Limitation 10% to 5%. CS/HJR 1F,” Florida Office of Economic and Demographic Research, July 10, 2026, https://edr.state.fl.us/content/revenues/reports/tax-handbook/taxhandbook.pdf.
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