[mtdjed]

What does amendment 1 in Florida's 2018 election really mean?

Increased Homestead property Tax exemption.

Proposing an amendment to increase homestead exemption by exempting the assessed evaluation of homestead property greater than $100,000 and up to $125,000 for all levies other than school district levies.

This is basically the way it will read on the Ballot.

So, we all would like to see taxes reduced by exemption. This would suggest that everyone will say yes on the ballot.

But, towns and cities have a budget of dollars that translate to millage rates against taxable property. If taxable property value goes down, the millage rate goes up. So it would seem that your taxes would remain the same. Except, who gets the exemption? Only Florida residents? Only people with property assessed between $100,000 and $125,000?. What is the exemption Dollar Value?


Perhaps I am not in touch with reality, but my concern is that the amendment as described on the ballot is too vague to vote yes.

Not against or for but looking for clarification. My inclination is to vote nay because of lack of clarification.