Preparing for Florida’s Homestead Exemption Amendment
What Amendment 3 could mean for your revenue, budget, and financial planning.
Featuring:
- Jared Walczak, Senior Fellow at the Tax Foundation and President of Walczak Policy Consulting
- Steve Weber, Finance Director for the City of Ocoee, Florida
Florida's November ballot includes a constitutional amendment that would substantially increase the state's Homestead Exemption. Paired with a lowered non-homestead assessment cap, a narrowed millage ceiling, and new restrictions on ad valorem spending, the measure has major implications for how Florida's cities, counties, and municipalities fund, forecast, and plan for the future. Rating agencies including Moody's, Fitch, and S&P have already flagged the potential impact on revenue and financial flexibility.
This webinar will break down what's actually in the proposal, how it fits into the broader national wave of property tax reform underway in states like Texas, Georgia, Ohio, and others, and what finance leaders can do now to prepare, regardless of how the vote turns out.
What Attendees Will Learn
- What the amendment proposes and its phased timeline
- Context on how Florida fits into a broader national trend of property tax relief measures
- A finance leader's perspective on preparing for revenue uncertainty ahead of a budget cycle
- Practical approaches other organizations are using: scenario planning, cash forecasting, balance sheet efficiency, and revisiting debt and lease obligations
Whether you're in Florida watching this vote directly or in a state that may see similar proposals down the road, this session will help you get ahead of the conversation.
This webinar is intended to provide informational and educational content on tax policy trends and is not an endorsement of any ballot measure or voting position.
