Proposed Property Tax Amendment 3

Table of Contents

The Florida legislature voted to place a property tax constitutional amendment on the November 3, 2026, General Election ballot. Here’s a general overview of what the amendment would change.

The proposed constitutional amendment would increase the homestead exemption used to:

  1. Calculate county, municipal, special district, and other non-school property taxes for qualifying properties;
  2. Reduce the assessment cap for non-homestead properties; and
  3. Establish additional residency requirements for the larger homestead exemption

The amendment proposes replacing the current homestead exemption structure for qualifying homestead property with:

Annual inflation adjustments to the maximum exemption amount beginning January 2029, using the percent change in the Consumer Price Index (CPI)

Proposed Amendment 3

  • Residency Rule
    Requires a five-year Florida residency period before homeowners qualify for the higher exemption amounts. This applies to individuals establishing permanent Florida residency on or after January 1, 2027.
  • Non-Homestead Assessment Cap
    Reduces the assessment cap on most non-homestead properties from 10% to 5%.

The proposed property tax amendment identifies the following seven core service categories for the use of county property taxes:

Public Safety
including law enforcement, fire service, and emergency medical service

Education and public schools

Infrastructure
including road and bridge, and stormwater control

Natural resource projects
including flood control measures

Local bonds
and debt service payments for existing obligations

Retirement benefits
of local government employees

Operations and administration of county officers and commissioners
established under Article VIII and municipalities, and the expenditures approved by such county officers or county or municipal governing bodies

Amendment Vote Date

Florida voters will approve or reject the amendment during the November 3, 2026, General Election.

Voter Approval Percentage Required

Constitutional amendments in Florida require approval by at least 60% of voters.

Effective Date of the Amendment

If approved by voters, the amendment would take effect January 1, 2027, and would first be reflected on the August 2027 TRIM Notices and tax bills delivered in November 2027.

According to the Florida Office of Economic & Demographic Research (EDR), St. Johns County is estimated to receive:

Fiscal YearEstimated Property
Tax Loss
% Loss over Fiscal Year 2027
2028$68.3 Million16%
2029$136.10 Million32%
2030$152.50 Million36%
2031$171.20 Million40%
2032$191.60 Million45%

Property taxes support a wide range of County services and operations. The FY 2027 Recommended Budget illustrates the allocation of County property tax dollars.

FY 2027 Recommended Property Tax Allocation

Total allocation: 100%

  • 31%

    Sheriff’s Office

    Law enforcement and jail operations.

  • 27%

    Fire Rescue & Emergency Services

    Fire rescue, emergency communications, and public safety.

  • 13%

    Roads & Transportation

    Maintenance, improvements, and traffic operations.

  • 7%

    Parks, Recreation & Libraries

    Parks, recreation programs, libraries, and community spaces.

  • 7%

    County Buildings & Technology

    Facilities maintenance and technology systems.

  • 5%

    General Government

    Administration, budgeting, legal services, and support functions.

  • 5%

    Constitutional Offices

    Property Appraiser, Tax Collector, Clerk of Court, and Supervisor of Elections.

  • 2%

    Economic Environment

    Economic development, housing programs, and veterans services.

  • 3%

    Health & Human Services

    Social services and public health programs.

Recommended budget: These percentages reflect the County’s recommended FY 2027 property tax allocation. Adopted allocation may differ.

Frequently Asked Questions

What County services are currently funded by property taxes?

Property taxes currently help fund many County services including:

  • Sheriff’s Office
  • Fire Rescue, & emergency services
  • Roads and transportation
  • Parks and recreation
  • Libraries
  • County buildings and technology
  • General government services
  • Some Constitutional Offices including:
    • The Property Appraiser
    • Tax Collector
    • Clerk of Court
    • Supervisor of Elections
  • Economic development
  • Housing programs
  • Veterans services
  • Social services and public health programs

Would the amendment eliminate property taxes for homeowners?

No. Property taxes would continue to be levied by local governments, school districts, and other taxing authorities. School district property taxes would continue under the current law applicable to school levies, with the homestead exemption remaining capped at $25,000.

Does the proposed amendment require five years of Florida residency?

Yes. The proposal requires a five-year Florida permanent residency period before new residents qualify for the expanded exemption. New residents are defined as people who establish Florida residency on or after January 1, 2027. 

Do the County revenue estimates identify specific service reductions?

No. The revenue reduction estimates do not determine changes to a department, program, or service. Those decisions would require action through the County’s public budget process.

Could the Florida Legislature change how the amendment is implemented?

Yes. If approved by the voters, the amendment would require implementing legislation. The Florida Legislature may enact laws governing the administration of the amendment, provided those laws are consistent with the Florida Constitution. As a result, some administrative details cannot be determined until implementing legislation is adopted.

Where can residents learn more about the County budget?

Visit the Office of Management and Budget – St. Johns County webpage for annual budgets, capital improvement projects, and more.

Official Sources and References

Updated ballot language, enrolled text, history, and analyses

Contact

Office of Management and Budget