Florida TaxWatch

Florida TaxWatch Calls for Equitable (Fair & Impartial) Property Tax Relief

Florida TaxWatch is recommending that Florida lawmakers pursue property tax relief that applies more evenly across taxpayers and avoids broad elimination proposals that could shift costs onto renters, businesses and newer homeowners.

In a report released on Thursday, “Save Our Taxpayers – Property Tax Relief Must be Accomplished Equitably,” the nonprofit group said property tax levies have risen sharply in recent years, reaching $59.2 billion in fiscal year 2025-26, and that policymakers should focus on reforms that reduce disparities between homestead and non-homestead property while preserving funding for core local services.

TaxWatch’s primary recommendation is what it calls a “Save Our Taxpayers” constitutional amendment, which would replace Florida’s current 10% annual assessment cap for non-homestead properties with a cap matching the Save Our Homes limit on homestead properties. Under that approach, annual assessment increases for all properties would be capped at the lesser of 3% or inflation.

TaxWatch also recommended that any new benefit limited to homestead property be paired with a requirement that local governments temporarily adopt the “rolled-back rate,” after accounting for any newly exempted taxable value.

The group said that approach would help ensure that the intended tax savings are delivered to homeowners rather than being offset through higher millage rates, and would also limit the shifting of burdens to non-homestead properties.

I can't remember when Lake Worth Beach ever voted to adopt the rolled-back-rate.

Read more of their suggestions