Florida Property Tax Reform Workshop | Orlando News
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Florida Property Tax Reform Workshop | Orlando News
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Florida voters face a pivotal November ballot on a sweeping property tax reform that could slash taxes for homeowners—but at a steep cost to cities. The amendment would exempt the first $150,000 of home value from taxes, rising to $250,000 by 2028, potentially draining millions from city budgets. Orlando’s council is holding a critical workshop to assess the fallout, as towns like Ocoee brace for an $8 million annual revenue gap. Residents are split: some cheer tax relief, others fear rising fees and weakened public services. The debate centers on striking a balance—offering relief without sacrificing fire, police, and infrastructure. This vote could reshape Florida’s fiscal future, and cities are racing to prepare.
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