County officials warn ballot homestead changes could cut millions from budgets
Officials at Orange County—oard—udget work session said a proposed state constitutional amendment on the Nov. 3 ballot could reduce local property‑tax revenue tens of millions per year, forcing cuts to services including public safety, drainage and social programs.
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Orange County officials told commissioners at a July 15 budget work session that a proposed state constitutional amendment (Amendment 3 on the Nov. 3 ballot) could sharply reduce property‑tax revenue beginning with the FY2028 budget. Curt Peterson, director of the Office of Management and Budget, said the county—stimates an $89 million countywide reduction in the first year if the homestead exemption increases to $150,000, and as much as $275 million over two years if the exemption grows to $250,000 as drafted.
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