Property appraiser warns Amendment 3 and homestead increases could erode county tax base
Property Appraiser Mickey Bandy presented tax-roll data and warned that a state constitutional change raising non‑school homestead exemptions and lowering non‑homestead caps could remove hundreds of millions from Okeechobee County’s tax roll, with major implications for services and budgets.
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Property Appraiser Mickey Bandy gave a detailed briefing on the county tax roll and how recent and proposed state law changes could alter local revenue. He showed that just value in the county approaches $12 billion while taxable value is roughly $5.1 billion, and he highlighted large personal‑property increases linked to utilities and energy projects. He also explained how homestead caps and portability work and why a constitutional amendment under consideration could sharply reduce taxable value for many local owners.
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