Escambia stands to lose $59.2 from budget if property taxes are cut

Escambia County leaders are taking a hard look at their budget in the event voters approve the state Property Tax Reform referendum during the 2026 General Election in November.

The proposed constitutional amendment would, if approved by voters, raise homestead exemptions from the current $50,000 to $150,000 in 2027 and to $250,000 in 2028. Property taxes to fund public schools would remain intact, but revenue for counties and municipalities would drop sharply.

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