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Florida Property-Tax Overhaul Gains Voter Support as School Funding Risks Loom

A new analysis highlights that school districts received $21.4 billion from property taxes in 2024, underscoring the stakes for education funding.

Overview

  • Fresh JMI/Targoz polling shows 65% of voters would back a constitutional amendment to significantly reduce or eliminate property taxes, with 66% worried about affording their homes.
  • Floridians favor change but differ on approach, with 39% preferring limits while keeping the tax, 33% favoring elimination, and 20% wanting it preserved.
  • House Speaker Daniel Perez says a select committee has five proposals under review, including potential abolition, following three hearings exploring options such as a higher homestead exemption.
  • Any sweeping change would require a constitutional amendment that passes with 60% support, and lawmakers are expected to consider placing a measure on the November 2026 ballot during the 2026 session.
  • Florida Policy Institute reports schools collected $21.4 billion from property taxes in 2024, and local officials warn cuts could jeopardize core services, citing large exposures in Orange and Seminole counties.