{"id":14114,"date":"2025-10-21T16:06:11","date_gmt":"2025-10-21T16:06:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/14114\/"},"modified":"2025-10-21T16:06:11","modified_gmt":"2025-10-21T16:06:11","slug":"florida-lawmakers-weigh-sweeping-property-tax-cuts-that-could-slash-bills-for-homeowners-reshape-city-budgets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/14114\/","title":{"rendered":"Florida lawmakers weigh sweeping property tax cuts that could slash bills for homeowners, reshape city budgets"},"content":{"rendered":"<p>Florida lawmakers are weighing sweeping proposals to slash <a href=\"https:\/\/www.cbsnews.com\/miami\/news\/property-taxes-homestead-exemption-2026-legislative-session-facing-south-florida\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\" rel=\"nofollow noopener\">property taxes<\/a> for homeowners, a move that could reshape how cities fund essential services and offer relief to residents facing soaring bills.<\/p>\n<p>When Scott Irons bought his home in <a href=\"https:\/\/www.cbsnews.com\/miami\/tag\/fort-lauderdale\/\" target=\"_blank\" rel=\"nofollow noopener\" data-invalid-url-rewritten-http=\"\">Fort Lauderdale<\/a>&#8216;s Riverside Park neighborhood two years ago, he knew the property tax bill would be steep.<\/p>\n<p>&#8220;I believe it&#8217;s 35 or 36 thousand a year in property taxes,&#8221; Irons said.<\/p>\n<p>Raising two children, Irons began exploring ways to manage the cost.\u00a0<\/p>\n<p>&#8220;Both of my brothers moved out of state to places where taxes are much more reasonable. I would consider that. I was considering that,&#8221; he said.<\/p>\n<p>Now, he says he&#8217;s feeling optimistic as state lawmakers consider proposals to significantly reduce property taxes for Florida homeowners.<\/p>\n<p>Florida lawmakers target homesteaded properties<\/p>\n<p>&#8220;I think anything that falls short of eliminating property taxes on homesteaded properties would be a disservice,&#8221; Irons said.<\/p>\n<p>The proposed changes would not affect school taxes but would apply to homesteaded properties.\u00a0<\/p>\n<p>Options under consideration include eliminating property taxes entirely, phasing them out over 10 years, granting a $100,000 exemption, taxing only 25% of assessed value, or providing special exemptions for seniors.<\/p>\n<p>Florida cities say they depend on property tax revenue<\/p>\n<p>Not everyone is cheering the idea. City officials said property taxes are critical to maintaining basic services.<\/p>\n<p>&#8220;This is tangible in that it&#8217;s the sidewalks you walk on, the streets you drive on, the parks you visit with your kids. This is all what property tax makes possible,&#8221; said Arlene Borenstein, spokesperson for the City of <a href=\"https:\/\/www.cbsnews.com\/miami\/tag\/hollywood\/\" target=\"_blank\" rel=\"nofollow noopener\" data-invalid-url-rewritten-http=\"\">Hollywood<\/a>.<\/p>\n<p>Property tax revenue forms a large portion of municipal budgets: $193 million in Hollywood, $310 million in <a href=\"https:\/\/www.cbsnews.com\/miami\/tag\/miami-beach\/\" target=\"_blank\" rel=\"nofollow noopener\" data-invalid-url-rewritten-http=\"\">Miami Beach<\/a> and $251 million in Fort Lauderdale.<\/p>\n<p>&#8220;That&#8217;s what goes to pay for city services like fire, police department, public works, parks department, even pension,&#8221; Borenstein said.<\/p>\n<p>Homeowners offer alternative solutions<\/p>\n<p>Some property owners said reductions could be balanced with other measures.<\/p>\n<p>&#8220;Not every home is homesteaded. Out of my four, only one is homesteaded. So they&#8217;d still be collecting 75% of what they&#8217;re collecting now, at least on my family,&#8221; said property owner Steven Whittingslow.<\/p>\n<p>&#8220;You don&#8217;t have to completely get rid of it, but at least reduce it and make it really less for, like, homeowners and senior citizens,&#8221; said homeowner Hanh Dinh.<\/p>\n<p>Constitutional amendment could be next step<\/p>\n<p>If the Legislature approves a plan, the proposal would go before voters as a constitutional amendment. That could give homeowners like Irons a break from soaring tax bills\u2014and shape the future of local funding across the state.<\/p>\n<p>More information on Florida property taxes is available <a href=\"https:\/\/www.flcities.com\/floridaformula\/\" target=\"_blank\" rel=\"nofollow noopener\">here<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Florida lawmakers are weighing sweeping proposals to slash property taxes for homeowners, a move that could reshape how&hellip;\n","protected":false},"author":2,"featured_media":14115,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[506,28,249,251,250,686,1064,7074,412,807],"class_list":["post-14114","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-lauderdale","tag-broward-county","tag-florida","tag-fort-lauderdale","tag-fort-lauderdale-headlines","tag-fort-lauderdale-news","tag-hollywood","tag-miami-dade","tag-property-taxes","tag-ron-desantis","tag-south-florida"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/14114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=14114"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/14114\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/14115"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=14114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=14114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=14114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}