Florida Voters Will Consider Amendment 3 in November
The proposed homestead tax exemption could significantly impact funding for the Charlotte County Sheriff's office.
Updated on Oct. 13, 2026 in Philanthropy

Live Poll
Do you support increasing homestead exemptions even if it risks reducing local public safety budgets?
Florida voters will decide the fate of Amendment 3 on November 3, 2026. The measure proposes a tiered homestead exemption for non-school property taxes that could reduce revenue for local law enforcement.
Why it matters
Charlotte County Sheriff Bill Prummell opposes the amendment's current form, citing concerns that reduced tax revenue will create severe budget shortfalls. He advocates for a Taxation and Budget Reform Commission study before the tax changes take effect.
The proposal introduces a $150,000 homestead exemption in 2027, rising to $250,000 in 2028. The Charlotte County Sheriff's office projects a $26 million budget shortfall in 2028 and a $47 million deficit in 2029 if the measure passes.
The players
Bill Prummell
Bill Prummell is the Sheriff of Charlotte County, Florida, and is responsible for managing the department's fiscal and operational resources.
Taxation and Budget Reform Commission
This is a Florida state body tasked with reviewing and analyzing the tax and budget systems of local governments.
The details
Property tax exemptions remove portions of property value from the tax base used to fund local government operations. Because the Charlotte County Sheriff's office relies on property taxes for over 99% of its funding, with 84% of its budget dedicated to personnel, officials state the $47 million gap is equivalent to the cost of 275 deputy positions.
Timeline
November 3, 2026: Florida voters will cast their ballots for or against Amendment 3.
2027: The homestead exemption takes effect alongside a potential study by the Taxation and Budget Reform Commission.
Fiscal year 2028: The homestead exemption increases and the projected budget shortfall reaches $26 million.
Fiscal year 2029: The projected budget shortfall is expected to grow to $47 million.
Market Landscape
The expansion of the Florida Homestead Exemption marks a significant change in how local governments derive their operating revenue. This shift positions local law enforcement agencies against efforts to reduce residential tax burdens, highlighting the tensions between taxpayers and public service funding.
If Amendment 3 passes, homeowners in Charlotte County may see a reduction in their annual property tax bills starting in 2027. However, residents should be aware that the corresponding decline in sheriff's department revenue could lead to significant cuts in personnel and local law enforcement services.
The takeaway
Voters should weigh the benefit of immediate property tax savings against the long-term impact on local government funding. Evaluating how such measures influence the budgets of essential services is critical before casting a ballot.
Further reading
Learn more about local fiscal policy initiatives on the Philanthropy section page.
Live Poll
Do you support increasing homestead exemptions even if it risks reducing local public safety budgets?










