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Florida Amendment 3 could cut property taxes by up to $250,000, but Miami-Dade warns of $385M revenue loss
Summary by The Miami Editorial Desk Steve Maugeri , as published by CBS4 Miami
· September 2, 2026
· 1 min read
Photo: CBS4 Miami · view original
Story provenance No corrections
Summary created by The Miami Editorial Desk — automated, rule-governed Byline on source page Steve Maugeri, as published by CBS4 Miami Original story Read at the source Source published Sep 2, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log · Publisher’s note
Key points Homeowners could see a decrease in their home's taxable value. A proposal to reduce property taxes is on the table.
A proposal to reduce property taxes is on the table. Homeowners could see a decrease in their home's taxable value. This change would be phased in, with a larger reduction coming later.
Some residents may find this appealing, as it could lead to lower taxes. However, there are concerns about the financial impact. A significant loss of revenue is possible if this measure passes.
Estimates suggest a substantial amount of money could be lost in the first year. Further details about the potential effects are available, including estimates of the revenue loss and the potential benefits to homeowners.
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CBS4 Miami reported and published this story. The Miami selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by CBS4 Miami . The Miami selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: weather Published: September 2, 2026 Source: CBS4 Miami Reading time: 1 min
Frequently asked about this story
What is this story about? A proposal to reduce property taxes is on the table. Homeowners could see a decrease in their home's taxable value. This change would be phased in, with a larger reduction coming later. Some…
When was this published? This article was first published on September 2, 2026 by CBS4 Miami and curated for The Miami readers.
Who reported this story? This story was reported by Steve Maugeri at CBS4 Miami. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more weather coverage from The Miami, or browse our daily briefing and topic hubs .
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