Florida’s proposed Amendment 3 would increase the homestead exemption and reduce property taxes for homeowners. Palm Beach County officials reviewed potential effects of the measure at a workshop.
Palm Beach County Fire Rescue could lose an estimated $100 million in the first year and $130 million in the second year if the amendment passes. The department is considering a fee-based funding system to address the possible shortfall.
Florida voters will decide on Amendment 3 in the general election on Nov. 3.
Palm Beaches Talks