Florida voters passed Amendment 3 with 62.02% Yes, per unofficial state results. It needed 60%. It takes effect Jan 1, 2027. The homestead exemption on non-school taxes rises to $150K in 2027. It rises to $250K in 2028. Your 2026 bill in the mail now does not change.

Did Amendment 3 pass?

Yes, based on unofficial results. The count is not yet certified.

The Florida Division of Elections shows 4,896,375 Yes votes. That is 62.02% of 7,894,747 votes cast. No votes came to 37.98%. WPTV/WFLX reported 62% Yes with 99% of precincts in.

What does Amendment 3 change?

It raises the homestead exemption and caps assessments on other property.

• Homestead exemption on non-school taxes goes from $50K to $150K in 2027.

• It goes to $250K in 2028.

• From 2029, the exemption follows inflation.

• School taxes stay the same. Florida TaxWatch puts them at about 40% of the average bill.

• The assessment cap on non-homestead property drops from 10% to 5%. School taxes are excluded.

• Local property taxes must go to listed uses, such as public safety and infrastructure.

Sources: WFLX and the Florida League of Cities summary.

What will my tax bill look like in Delray Beach?

Here are three estimates for a Delray Beach homestead. They use 2026 final millage from the Palm Beach County Property Appraiser. These are estimates, not tax advice.

Assumptions:

• Delray Beach, outside the DDA. Total millage is 18.591.

• School millage is 6.287. Non-school millage is 12.304.

• Millage and assessed value stay flat through 2028.

• Assessed value equals the price.

• The school exemption stays at $25K.

• Today the non-school exemption is $50K.

• Fees for trash and stormwater are not included. Neither is the 4% discount for paying in November.

• The Legislature's law could change these details.

$500K home, homestead for years:

• Without Amendment 3: about $8,523 a year.

• Nov 2027 bill: about $7,293. You save about $1,230.

• Nov 2028 bill: about $6,062. You save about $2,461.

• Save Our Homes may hold your assessed value below $500K. Your bill would then be lower.

$500K home bought in 2026 and homesteaded:

• Florida resident by Dec 31, 2026: same as above. About $7,293 in 2027 and $6,062 in 2028.

• Moved here after Dec 31, 2026: about $8,523 a year. That holds until your fifth year of homestead.

$2M home bought in 2026 and homesteaded:

• Without Amendment 3: about $36,410 a year.

• Nov 2027 bill: about $35,179. You save about $1,230.

• Nov 2028 bill: about $33,949. You save about $2,461.

• The savings are a flat dollar amount. A $2M home saves the same dollars as a $500K home.

• Moved here after Dec 31, 2026: about $36,410 a year until your fifth year of homestead.

When will Delray Beach and Boca Raton owners see savings?

You first see it on the August 2027 TRIM notice. The first lower bill arrives in November 2027.

The 2026 bills mailed this month stay the same, per the Alachua County Tax Collector. Pay in November and you still get the 4% discount. The Boca Raton Tribune reported that.

The Pinellas County Property Appraiser says TRIM notices will show a "rolled-up" rate. That replaces the rolled-back rate you know.

Do current homeowners need to file anything?

No. If you have homestead now, the larger exemption is automatic.

New buyers still file for homestead through the Property Appraiser. The deadline is March 1, the same rule as today.

Save Our Homes stays. The 3% cap and portability do not change. Millage rates and fees for fire, trash and stormwater are not touched. Your total bill can still go up.

What if I move to Boca Raton or Delray Beach after 2026?

You start with the $50K exemption. The higher exemption begins in your fifth year of homestead.

This rule covers anyone who is not a Florida resident on Dec 31, 2026. Many Delray and Boca buyers relocate from out of state. Budget for four years at the old exemption.

Check the "estimated taxes" on any listing. They should reflect you, not the seller's exemption. Florida TaxWatch says local governments could shorten the wait after 2030.

What about second homes and rentals?

The 5% cap slows how fast your assessment can grow. The Florida League of Cities warns non-homestead taxes could rise to cover lost revenue.

Why did city governments oppose Amendment 3?

Cities said it cuts their revenue with no state replacement. Most of that money funds police, fire and EMS.

These points come from groups that opposed the amendment. Here is their case, with sources.

• Florida League of Cities: "Amendment 3 is not a tax cut, it's a tax shift."

• The League says public safety is more than 56% of city general fund spending.

• It says 85 cities could not fund public safety at current levels with the $250K exemption.

• It warns slower response times could push up homeowners insurance.

• Palm Beach County League of Cities spoke for 39 cities on Aug 28, 2026.

• It said the amendment "fails to provide a dedicated state funding source to replace the lost local revenue."

• It said the burden shifts to renters and local businesses.

• Florida Policy Institute projects $46B in lost revenue statewide over five years. FPI opposed the amendment.

• FPI projects $1.18B lost in Palm Beach County over the first two years.

The Palm Beach Post reported projected 2028 losses from Property Appraiser Dorothy Jacks.

• Boca Raton: $19.7M (projected)

• Delray Beach: $18.2M (projected)

• Palm Beach County Fire Rescue: $147.5M (projected)

Jacks said that is at least 25% of property tax revenue in most cases.

Supporters saw it another way. Voters gave it more than the 60% it needed.

What still has to happen?

The Legislature must pass laws to carry it out. The details are not final.

No bill number or session date exists yet. Watch the 2027 session. Also watch Delray and Boca budget and millage votes in summer 2027. New fees could show up there.

Where I stand

I voted yes on Amendment 3. I want Florida homeowners to keep more of what they earn.

I also watch the city budgets. Delray Beach and Boca Raton stay strong, high-demand markets. Buyers keep coming here, and good planning matters more now.

I'm Josh Grant, a Realtor with eXp Realty in Delray Beach and Boca Raton. Want to know what Amendment 3 means for a home you own or want? Call or text me at 954-817-9463.

FAQ

Is Amendment 3 official?

Not yet. It passed with 62.02% Yes in unofficial results. The state has not certified it.

When does Amendment 3 take effect?

Jan 1, 2027. Savings first show on the August 2027 TRIM notice.

Does Amendment 3 lower my 2026 property tax bill?

No. The bills mailed in November 2026 stay the same.

Do I need to file for homestead again?

No. Current homestead owners get the larger exemption without filing.

Does Amendment 3 cut school taxes?

No. School taxes are excluded from the new exemption.

I'm moving to Florida in 2027. What exemption do I get?

You get the $50K exemption until your fifth year of homestead.

How much could Boca Raton and Delray Beach lose?

Projections reported by the Palm Beach Post: $19.7M for Boca and $18.2M for Delray in 2028.

Sources

• Florida Division of Elections (unofficial): https://floridaelectionwatch.gov/Amendments

• WFLX: https://www.wflx.com/2026/11/04/florida-voters-approve-amendment-3-bringing-major-changes-property-taxes/

• Florida League of Cities: https://www.flcities.com/propertytaxes/ and https://www.flcities.com/wp-content/uploads/2026/09/FLC-Property-Taxes-Key-Points-4.pdf

• Florida TaxWatch: https://floridataxwatch.org/research/florida-property-tax-resource-center/

• Alachua Tax Collector: https://www.alachuacollector.com/wp-content/uploads/2026/10/Amendment_3_Alachua_Tax_Collector_Final.pdf

• Pinellas PA: https://www.pcpao.gov/amendment3

• Boca Raton Tribune: https://www.bocaratontribune.com/bocaratonnews/2026/10/2026-property-tax-season-begins-november-1/

• PBC League of Cities: https://www.palmbeachcountyleagueofcities.com/news/generalnews/amendment3statement.htm

• PBC Property Appraiser 2026 final millage: https://pbcpao.gov/pdf/taxroll/2026%20Final%20vs%20Proposed%20Millage%20Rates.pdf

• Florida Policy Institute: https://amendment3.floridapolicyinstitute.org/pdf.php?county_name=palm-beach

• Palm Beach Post (paywalled): https://www.palmbeachpost.com/story/business/real-estate/2026/06/08/florida-property-tax-cut-cost-palm-beach-county-cities/90421219007/