An estimate of how Amendment 3's larger homestead exemption could change Taylor County government's ad valorem property tax revenue, based on 2026 property values and 2025 tax rates.
Illustrative estimates only. These figures are meant to illustrate how Amendment 3 could affect Taylor County government based on current data. They are not official. For official information about the county's budget, tax rates and revenue, contact Taylor County government directly. For official property values and exemptions, contact the Taylor County Property Appraiser.
This page covers the two operating property taxes Taylor County government levies in the 2025 millage table, grouped by where they apply: the countywide levy (7.2426 mills, paid throughout Taylor County, inside and outside cities) and the unincorporated MSTU (1.2250 mills, paid in unincorporated Taylor County).
Paid on taxable property throughout Taylor County, inside and outside cities. Estimated change by 2028: −$2.0 million (−22.1%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $324,387,152 | $1,009,262,838 | $1,333,649,990 | $9,659,093 | $9,176,139 | — | — |
| 2027 (estimate) | $87,583,366 | $1,009,262,838 | $1,096,846,204 | $7,944,018 | $7,546,817 | −$1,629,321 | −17.8% |
| 2028 (estimate) | $29,430,576 | $1,009,262,838 | $1,038,693,414 | $7,522,841 | $7,146,699 | −$2,029,440 | −22.1% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $324,387,152 | $1,009,262,838 | $1,333,649,990 | $9,659,093 | $9,176,139 | — | — |
| 2027 (estimate) | $82,391,847 | $1,009,262,838 | $1,091,654,685 | $7,906,418 | $7,511,097 | −$1,665,041 | −18.1% |
| 2028 (estimate) | $25,396,580 | $1,009,262,838 | $1,034,659,418 | $7,493,624 | $7,118,943 | −$2,057,196 | −22.4% |
Paid on 15,538 parcels in unincorporated Taylor County. Estimated change by 2028: −$258,300 (−20.9%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $244,905,851 | $817,402,447 | $1,062,308,298 | $1,301,328 | $1,236,261 | — | — |
| 2027 (estimate) | $67,446,949 | $817,402,447 | $884,849,396 | $1,083,941 | $1,029,743 | −$206,518 | −16.7% |
| 2028 (estimate) | $22,984,396 | $817,402,447 | $840,386,843 | $1,029,474 | $978,000 | −$258,261 | −20.9% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $244,905,851 | $817,402,447 | $1,062,308,298 | $1,301,328 | $1,236,261 | — | — |
| 2027 (estimate) | $63,350,437 | $817,402,447 | $880,752,884 | $1,078,922 | $1,024,976 | −$211,285 | −17.1% |
| 2028 (estimate) | $19,819,200 | $817,402,447 | $837,221,647 | $1,025,597 | $974,317 | −$261,945 | −21.2% |
As with the cities and towns, the size of the change depends mostly on how much of the taxable value comes from homesteads. Property without a homestead exemption, such as rentals, businesses, second homes and vacant land, keeps its taxable value under the amendment.
Countywide, homesteads make up 24.3% of the taxable value for the countywide levies in 2026. Within the unincorporated MSTU area, they make up 23.1%, so the estimated percentage change for that levy is smaller. In the City of Perry, the only city or town that levies a property tax, homesteads make up 29.3% of taxable value.
The table below shows where the change in the countywide taxable value comes from. Unincorporated Taylor County has 79.7% of the county's taxable value and accounts for an estimated 75.2% of the change. The City of Perry has 20.3% of the county's taxable value and accounts for an estimated 24.8% of the change.
| Area | County taxable value, 2026 | Share of county taxable value | Homestead share of area's taxable value | Change in area's taxable value by 2028 | Share of countywide change |
|---|---|---|---|---|---|
| Unincorporated Taylor County | $1,062,308,298 | 79.7% | 23.1% | −20.9% | 75.2% |
| City of Perry | $271,341,692 | 20.3% | 29.3% | −26.9% | 24.8% |
Estimates use homestead assessed values rising by up to 3% a year, capped at just value. Areas are based on each parcel's tax district.
Florida counties also receive money from other sources. Depending on the county, these can include state revenue sharing, the local government half-cent sales tax, local option sales and fuel taxes, communications services taxes, non-ad valorem assessments, franchise fees, charges for services, and state and federal grants. The mix differs from county to county. Taylor County's adopted budget shows its full set of revenue sources and how much each provides.
The water management district and the School Board levy their own property taxes. They are separate taxing authorities and are not included on this page.
Property values and exemptions: The Taylor County Property Appraiser's 2026 final tax roll, as published by the Florida Department of Revenue. Tax rates: the 2025 millage rates the Florida Department of Revenue posts for Taylor County (2026 rates by tax district were not readily available). Parcel tax districts: the tax district codes on the same tax roll.
For each homestead, the estimated taxable value is its assessed value minus the new homestead exemption ($150,000 in 2027, $250,000 in 2028) and any other exemptions, but not less than zero. The gross levy is total taxable value times the millage rate, for the parcels where each levy applies. The budget basis is 95% of the gross levy.
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