VERO BEACH — Indian River County officials say a proposed constitutional amendment that would sharply raise homestead exemptions threatens to cut roughly $50 million from the county’s budget by 2028, forcing difficult choices on public safety and other core services.
The measure is headed to voters on the Nov. 3 ballot. It would lift the homestead exemption on non-school property taxes to $150,000 in 2027 and $250,000 in 2028.
Commission Vice Chair Laura Moss organized a Friday morning meeting at the Heritage Center in Vero Beach to lay out the potential impact. She did not hold back…