County and city governments take another hit on revenues

November 7, 2012

Florida voters passed three amendments that will expand property tax exemptions. The estimated cost to Escambia County alone is about $1 million next year:

These passed:
Amendment No. 2
Veterans Disabled Due To Combat Injury; Homestead Property Tax Discount

Amendment No. 9
Homestead Property Tax Exemption For Surviving Spouse Of Military Veteran Or First Responder

Amendment No. 11
Additional Homestead Exemption; Low-Income Seniors Who Maintain Long-Term Residency On Property; Equal To Assessed Value

All the other amendments proposed by the Florida Legislature failed to get the necessary 60 percent of the vote.

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