Osceola County leaders outline potential impacts of property tax amendment at town hall

A proposed amendment to Florida’s property tax system is raising questions about how much homeowners could save and what those savings could mean for essential services in Osceola County.State Sen. Kristen Arrington joined county leaders and residents at a town hall in Kissimmee to discuss the potential effects of Amendment 3, a proposal that would increase the homestead exemption to $250,000 by 2028.While the measure could provide significant property tax relief to eligible homeowners, local officials warned that it could also reduce funding for public services, infrastructure improvements and county programs.“When you ask the question what will be impacted? Everything will be impacted in Osceola County,” said County Commission Chair Brandon Arrington.County officials estimate Osceola could lose approximately $79 million in revenue if the amendment passes. The potential shortfall could affect the county’s general revenue fund, emergency medical services, libraries and the Save Osceola