Property taxes and Amendment 3
Where it standsThe commission set the fiscal 2027 rate at 5.49 mills, down from 5.52. Statewide Amendment 3 on the same ballot would raise the homestead exemption and cut city revenue.
What's on the tableWhat property tax rate to set each year and how to adjust services if Amendment 3 passes.
- The commission voted 6-1 on Sept. 15, 2026 to set the rate at 5.49 mills; the rolled-back rate is 5.3872 mills. City of Largo · Sep 15, 2026
- City Manager John Curp said Largo would lose $15.7 million a year after two years if Amendment 3 passes, about 26% of the general fund. St Pete Catalyst · Sep 10, 2026
- Amendment 3 would raise the homestead exemption for non-school taxes to $150,000 in 2027 and $250,000 in 2028. Pinellas County Supervisor of Elections
- The City Manager's Alternative FY2028 Budget, presented Oct. 6, lays out possible service cuts if the exemption rises to $250,000. City of Largo · Oct 1, 2026