On November 6, 2018, Floridians will vote on 12 proposed amendments to the Florida Constitution. This Florida TaxWatch Voter Guide is designed to provide voters with information about each of the amendments to help them cast well-informed votes.
Proposed Homestead Exemption Benefits Relatively Few Floridians and Will Likely Increase Taxes on Everyone Else
Floridians will be voting on as many as 13 state constitutional amendments on November 6, 2018. The first on the list, Amendment 1 (A1), would create a new $25,000 homestead exemption from property taxes.
The 2018 Edition of this annual pocket guide gives taxpayers and elected officials great insight as to how Florida's taxes compare to other states and the national average across a wide variety of metrics.
In November 2018, Florida voters have a chance avoid a major property tax increase on owners of commercial or rental property, vacation or second homes, unimproved real estate, or any other non- homestead property. This tax increase will happen if the current 10 percent cap on non-homestead property assessments—scheduled to be repealed—is not reauthorized by the voters.
The data from the 2020 Census will be used to allocate this funding for the next 10 years! This makes the upcoming 2020 Census vital to the quality of life in your community and all of Florida.