Amendment Three Could Cost Local Governments Billions | Miami News

Florida voters face a pivotal choice this November with Amendment Three, a ballot measure that could dramatically expand the homestead exemption—boosting it to $250,000 by 2028. Backed by Governor Ron DeSantis as a simple tax cut for homeowners, critics like Miami-Dade Mayor Daniella Levine Cava warn it’s a fiscal trap. The amendment ignores the cost of vital local services like police and fire, risking billions in lost revenue for cities and counties. Without state funding or clear replacement plans, local governments may slash services or hike taxes on renters and small businesses—a move likened to a predatory payday loan. DeSantis dismisses concerns as scaremongering, but the math is stark: real consequences hang in the balance. Voters decide November 3rd. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1b0b03e109cf62f4