Conservation land bond interaction with Amendment 3
Summary
A $100 million, 20-year conservation bond is also on the ballot with a dedicated 0.15-mil millage, but officials said if Amendment 3 lowers taxable values, the millage might not generate enough to borrow the full $100 million.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 29, 2026.
Impact analysis
Up to $100 million in borrowing capacity at risk; roughly $6 million a year in debt service over 20 years.
Supporters of land conservation if the bond passes and can be fully leveraged.
Conservation goals could be underfunded if the two ballot measures interact negatively.
Mentions & discussions (2)
St. Johns County residents press county leaders for answers about Amendment 3 during town hall
St. Johns County residents press county leaders for answers about Amendment 3 during town hall News4JAX
Town Hall on Proposed Property Tax Amendment 3 - Sep 29, 2026
A $100 million, 20-year conservation bond is also on the ballot with a dedicated 0.15-mil millage, but officials said if Amendment 3 lowers taxable values, the millage might not generate enough to borrow the full $100 million.
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