St. Johns County Warns of Budget Squeeze From Florida Property Tax Overhaul

St. Johns County officials warn the state's proposed property tax overhaul could cut about $113 million in local revenue by 2029, potentially leaving only a sliver of funding for parks and roads after funding for sheriff and fire departments. The amendment would raise non-school homestead exemptions to $150,000 in 2027 and $250,000 in 2028, reduce how much assessments can rise, and limit ad valorem revenue use to core services, with a 60% voter approval threshold in November.