Property tax constitutional amendment fiscal impact
Summary
A proposed state constitutional amendment could cost Kissimmee $3.7 million in 2028 and $5.5 million in 2029 — a 12% to 18% property tax revenue cut. Worst case: losing 59 to 88 city jobs. The city is planning cuts now in case it passes in November.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jun 29, 2026.
Impact analysis
$3.7 million in 2028 growing to $5.5 million in 2029 in lost property tax revenue — roughly 18% of the general fund's ad valorem take.
Homeowners who'd pay less or zero property taxes under the higher homestead exemption.
Residents who rely on city services — parks, police, fire, code enforcement — could see deep cuts, and businesses and landlords would bear a heavier tax burden.
Mentions & discussions (2)
City Commission - Jun 29, 2026
A proposed state constitutional amendment could cost Kissimmee $3.7 million in 2028 and $5.5 million in 2029 — a 12% to 18% property tax revenue cut. Worst case: losing 59 to 88 city jobs. The city is planning cuts now in case it passes in November.
City Commission - Jun 2, 2026
New state law raises the homestead exemption to $150,000 next year and $250,000 by 2028 — good for homeowners' bills, but the city is preparing possible budget cuts to balance its books.
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