An estimate of how Amendment 3's larger homestead exemption could change Jacksonville's consolidated government's ad valorem property tax revenue, based on 2026 property values and 2025 tax rates.
Illustrative estimates only. These figures are meant to illustrate how Amendment 3 could affect Jacksonville's consolidated government based on current data. They are not official. For official information about the county's budget, tax rates and revenue, contact Jacksonville's consolidated government directly. For official property values and exemptions, contact the Duval County Property Appraiser.
This page covers the three operating property taxes Jacksonville's consolidated government levies in the 2025 millage table, grouped by where they apply: the Jacksonville operating levy (11.1919 mills, paid in the City of Jacksonville outside the beaches and Baldwin); the beaches operating levy (7.9012 mills, paid in Jacksonville Beach, Atlantic Beach and Neptune Beach); and the Baldwin operating levy (9.4208 mills, paid in the Town of Baldwin).
Paid on 381,350 parcels in the City of Jacksonville outside the beaches and Baldwin. Estimated change by 2028: −$243.5 million (−22.4%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $33,530,789,472 | $68,878,381,676 | $102,409,171,148 | $1,146,153,203 | $1,088,845,542 | — | — |
| 2027 (estimate) | $19,152,341,515 | $68,878,381,676 | $88,030,723,191 | $985,231,051 | $935,969,498 | −$152,876,044 | −14.0% |
| 2028 (estimate) | $10,631,759,147 | $68,878,381,676 | $79,510,140,823 | $889,869,545 | $845,376,068 | −$243,469,475 | −22.4% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $33,530,789,472 | $68,878,381,676 | $102,409,171,148 | $1,146,153,203 | $1,088,845,542 | — | — |
| 2027 (estimate) | $18,337,636,243 | $68,878,381,676 | $87,216,017,919 | $976,112,951 | $927,307,303 | −$161,538,239 | −14.8% |
| 2028 (estimate) | $9,568,837,218 | $68,878,381,676 | $78,447,218,894 | $877,973,429 | $834,074,758 | −$254,770,785 | −23.4% |
Paid on 21,814 parcels in Jacksonville Beach, Atlantic Beach and Neptune Beach. Estimated change by 2028: −$14.0 million (−16.4%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $5,265,771,809 | $6,075,486,778 | $11,341,258,587 | $89,609,552 | $85,129,075 | — | — |
| 2027 (estimate) | $4,248,087,183 | $6,075,486,778 | $10,323,573,961 | $81,568,623 | $77,490,191 | −$7,638,883 | −9.0% |
| 2028 (estimate) | $3,404,801,904 | $6,075,486,778 | $9,480,288,682 | $74,905,657 | $71,160,374 | −$13,968,701 | −16.4% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $5,265,771,809 | $6,075,486,778 | $11,341,258,587 | $89,609,552 | $85,129,075 | — | — |
| 2027 (estimate) | $4,103,618,973 | $6,075,486,778 | $10,179,105,751 | $80,427,150 | $76,405,793 | −$8,723,282 | −10.2% |
| 2028 (estimate) | $3,142,318,217 | $6,075,486,778 | $9,217,804,995 | $72,831,721 | $69,190,135 | −$15,938,940 | −18.7% |
Paid on 905 parcels in the Town of Baldwin. Estimated change by 2028: −$186,400 (−24.9%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $21,713,274 | $61,867,034 | $83,580,308 | $787,393 | $748,024 | — | — |
| 2027 (estimate) | $4,642,430 | $61,867,034 | $66,509,464 | $626,572 | $595,244 | −$152,780 | −20.4% |
| 2028 (estimate) | $890,538 | $61,867,034 | $62,757,572 | $591,227 | $561,665 | −$186,358 | −24.9% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $21,713,274 | $61,867,034 | $83,580,308 | $787,393 | $748,024 | — | — |
| 2027 (estimate) | $4,376,954 | $61,867,034 | $66,243,988 | $624,071 | $592,868 | −$155,156 | −20.7% |
| 2028 (estimate) | $763,830 | $61,867,034 | $62,630,864 | $590,033 | $560,531 | −$187,492 | −25.1% |
As with the cities and towns, the size of the change depends mostly on how much of the taxable value comes from homesteads. Property without a homestead exemption, such as rentals, businesses, second homes and vacant land, keeps its taxable value under the amendment.
Countywide, homesteads make up 32.7% of the taxable value for the countywide levies in 2026. Within the beaches operating levy area, they make up 46.4%, so the estimated percentage change for that levy is larger. Among the four cities and towns that levy a property tax, the homestead share ranges from 26.0% to 54.3%.
The table below shows where the change in the countywide taxable value comes from. The City of Jacksonville has 90.0% of the county's taxable value and accounts for an estimated 92.4% of the change. The City of Jacksonville Beach has 5.7% of the county's taxable value and accounts for an estimated 4.1% of the change.
| Area | County taxable value, 2026 | Share of county taxable value | Homestead share of area's taxable value | Change in area's taxable value by 2028 | Share of countywide change |
|---|---|---|---|---|---|
| City of Jacksonville | $102,409,171,148 | 90.0% | 32.7% | −22.4% | 92.4% |
| City of Jacksonville Beach | $6,454,943,917 | 5.7% | 40.9% | −15.7% | 4.1% |
| City of Atlantic Beach | $3,346,483,579 | 2.9% | 54.3% | −16.0% | 2.2% |
| City of Neptune Beach | $1,539,831,091 | 1.4% | 52.6% | −20.1% | 1.2% |
| Town of Baldwin | $83,580,308 | 0.1% | 26.0% | −24.9% | 0.1% |
Estimates use homestead assessed values rising by up to 3% a year, capped at just value. Areas are based on each parcel's tax district.
Florida counties also receive money from other sources. Depending on the county, these can include state revenue sharing, the local government half-cent sales tax, local option sales and fuel taxes, communications services taxes, non-ad valorem assessments, franchise fees, charges for services, and state and federal grants. The mix differs from county to county. Duval County's adopted budget shows its full set of revenue sources and how much each provides.
The Florida Inland Navigation District, the water management district and the School Board levy their own property taxes. They are separate taxing authorities and are not included on this page.
Property values and exemptions: The Duval County Property Appraiser's 2026 final tax roll, as published by the Florida Department of Revenue. Tax rates: the 2025 millage rates the Florida Department of Revenue posts for Duval County (2026 rates by tax district were not readily available). Parcel tax districts: the taxing district codes on the same tax roll.
For each homestead, the estimated taxable value is its assessed value minus the new homestead exemption ($150,000 in 2027, $250,000 in 2028) and any other exemptions, but not less than zero. The gross levy is total taxable value times the millage rate, for the parcels where each levy applies. The budget basis is 95% of the gross levy.
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