Florida votes on property tax cut in midterms as Everglades backers warn of funding risk

Florida voters will decide on Amendment 3 in the midterms, a state constitutional amendment that would raise the property tax exemption. Conservationists fear it could put Everglades restoration projects at risk and could also lead to the loss of conservation lands. Currently, the first $50,000 of non-school property tax on a primary home is exempt. If the amendment passes, that would rise to $150,000 next year, then to $250,000 in 2028, and then increase with inflation. Estimates suggest it could save a typical homeowner about $2,000 a year, but could also blow an almost $12 billion hole in annual local government revenue. Some police officers, sheriffs, firefighters and librarians have sounded the alarm that it could affect their departments. Even some conservative voices have warned it could shift the tax burden onto other sectors. The amendment needs 60% of the votes to pass on November 3. Al Jazeera’s John Holman reports from Florida. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://x.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #AlJazeeraEnglish #Florida #Amendment3 #Everglades #PropertyTax #USMidterms #News