Amendment 3 Passes. What’s Next?
Originally published on November 12, 2026
Florida voters have approved Amendment 3, and local governments now face some of the biggest property tax changes in decades. Starting in 2027, the non-school homestead exemption rises to $150,000, then to $250,000 in 2028. Assessment growth on non-homestead property is capped at 5% a year, and property tax revenue has to go toward specific core services. State estimates put the eventual hit to local revenue at about $12 billion a year.
Join JMCo’s government team for a one-hour roundtable on what this means for your municipality. We’ll talk about the likely effect on budgets, what to watch from the Legislature, and what cities, counties and special districts can start planning for now.
Presenters:
Brendan McKitrick, CPA, Partner
Vince Tenaglia, CPFO, CGFO, Director of Governmental Advisory Services
