TREASURE ISLAND, Fla. — Some of Pinellas County’s beach communities say the financial impact of Amendment 3 may not be as significant as anticipated, while others are still in the early phases of figuring it out.
The amendment, which was approved by voters on Nov. 3, expands the homestead exemption for non-school property taxes, increasing it from the current $50,000 to $150,000 in 2027, and $250,000 in 2028.
While smaller cities mean overall smaller budgets, the number of properties homesteaded is significantly smaller on the barrier island…