Florida Record
Panama City
High PriorityTaxes Budgetopen

Statewide property tax exemption ballot measure

Summary

Commissioners flagged that a November state vote on property tax exemptions could cost Panama City roughly $2.5 million the first year and $1.3 million the next — meaning today's cuts may just be round one.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Jun 11, 2026.

Impact analysis

💰Financial impact

Estimated $2.5 million first-year and $1.3 million second-year hit to city revenue if approved.

✅Who benefits

Property owners could see tax relief if the exemption passes.

⚠️Who could be affected

The city would face deeper cuts to services, likely including public safety, in future years.

Mentions & discussions (1)

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