An estimate of how Amendment 3's larger homestead exemption could change Pinellas County 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 Pinellas County government based on current data. They are not official. For official information about the county's budget, tax rates and revenue, contact Pinellas County government directly. For official property values and exemptions, contact the Pinellas County Property Appraiser.
This page covers the six operating property taxes Pinellas County government levies in the 2025 millage table, grouped by where they apply: the countywide levy (4.5423 mills, paid throughout Pinellas County, inside and outside cities); the health department levy (0.0713 mills, paid throughout Pinellas County, inside and outside cities); the emergency medical services levy (0.8050 mills, paid throughout Pinellas County, inside and outside cities); the unincorporated MSTU (2.0857 mills, paid in unincorporated Pinellas County); the library services MSTU (0.5000 mills, paid in parts of unincorporated Pinellas County); and the USSD MSTU (0.2500 mills, paid in parts of unincorporated Pinellas County).
Paid on taxable property throughout Pinellas County, inside and outside cities. Estimated change by 2028: −$126.6 million (−21.1%). 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 | $54,037,007,201 | $84,853,766,473 | $138,890,773,674 | $630,883,561 | $599,339,383 | — | — |
| 2027 (estimate) | $35,886,149,018 | $84,853,766,473 | $120,739,915,491 | $548,436,918 | $521,015,072 | −$78,324,311 | −13.1% |
| 2028 (estimate) | $24,700,930,740 | $84,853,766,473 | $109,554,697,213 | $497,630,301 | $472,748,786 | −$126,590,597 | −21.1% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $54,037,007,201 | $84,853,766,473 | $138,890,773,674 | $630,883,561 | $599,339,383 | — | — |
| 2027 (estimate) | $34,603,390,587 | $84,853,766,473 | $119,457,157,060 | $542,610,245 | $515,479,732 | −$83,859,651 | −14.0% |
| 2028 (estimate) | $22,735,927,500 | $84,853,766,473 | $107,589,693,973 | $488,704,667 | $464,269,434 | −$135,069,950 | −22.5% |
Paid on taxable property throughout Pinellas County, inside and outside cities. Estimated change by 2028: −$2.0 million (−21.1%). 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 | $54,037,007,201 | $84,853,766,473 | $138,890,773,674 | $9,902,912 | $9,407,767 | — | — |
| 2027 (estimate) | $35,886,149,018 | $84,853,766,473 | $120,739,915,491 | $8,608,756 | $8,178,318 | −$1,229,448 | −13.1% |
| 2028 (estimate) | $24,700,930,740 | $84,853,766,473 | $109,554,697,213 | $7,811,250 | $7,420,687 | −$1,987,079 | −21.1% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $54,037,007,201 | $84,853,766,473 | $138,890,773,674 | $9,902,912 | $9,407,767 | — | — |
| 2027 (estimate) | $34,603,390,587 | $84,853,766,473 | $119,457,157,060 | $8,517,295 | $8,091,431 | −$1,316,336 | −14.0% |
| 2028 (estimate) | $22,735,927,500 | $84,853,766,473 | $107,589,693,973 | $7,671,145 | $7,287,588 | −$2,120,179 | −22.5% |
Paid on taxable property throughout Pinellas County, inside and outside cities. Estimated change by 2028: −$22.4 million (−21.1%). 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 | $54,037,007,201 | $84,853,766,473 | $138,890,773,674 | $111,807,073 | $106,216,719 | — | — |
| 2027 (estimate) | $35,886,149,018 | $84,853,766,473 | $120,739,915,491 | $97,195,632 | $92,335,850 | −$13,880,869 | −13.1% |
| 2028 (estimate) | $24,700,930,740 | $84,853,766,473 | $109,554,697,213 | $88,191,531 | $83,781,955 | −$22,434,764 | −21.1% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $54,037,007,201 | $84,853,766,473 | $138,890,773,674 | $111,807,073 | $106,216,719 | — | — |
| 2027 (estimate) | $34,603,390,587 | $84,853,766,473 | $119,457,157,060 | $96,163,011 | $91,354,861 | −$14,861,858 | −14.0% |
| 2028 (estimate) | $22,735,927,500 | $84,853,766,473 | $107,589,693,973 | $86,609,704 | $82,279,218 | −$23,937,501 | −22.5% |
Paid on 124,869 parcels in unincorporated Pinellas County. Estimated change by 2028: −$18.5 million (−31.0%). 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 | $15,611,745,582 | $14,508,171,841 | $30,119,917,423 | $62,821,112 | $59,680,056 | — | — |
| 2027 (estimate) | $9,790,424,524 | $14,508,171,841 | $24,298,596,365 | $50,679,582 | $48,145,603 | −$11,534,453 | −19.3% |
| 2028 (estimate) | $6,272,817,759 | $14,508,171,841 | $20,780,989,600 | $43,342,910 | $41,175,765 | −$18,504,292 | −31.0% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $15,611,745,582 | $14,508,171,841 | $30,119,917,423 | $62,821,112 | $59,680,056 | — | — |
| 2027 (estimate) | $9,400,165,536 | $14,508,171,841 | $23,908,337,377 | $49,865,619 | $47,372,338 | −$12,307,718 | −20.6% |
| 2028 (estimate) | $5,695,544,294 | $14,508,171,841 | $20,203,716,135 | $42,138,891 | $40,031,946 | −$19,648,110 | −32.9% |
Paid on 81,373 parcels in parts of unincorporated Pinellas County. Estimated change by 2028: −$2.6 million (−29.9%). 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 | $8,549,348,841 | $9,635,018,086 | $18,184,366,927 | $9,092,183 | $8,637,574 | — | — |
| 2027 (estimate) | $5,035,336,778 | $9,635,018,086 | $14,670,354,864 | $7,335,177 | $6,968,419 | −$1,669,156 | −19.3% |
| 2028 (estimate) | $3,117,287,659 | $9,635,018,086 | $12,752,305,745 | $6,376,153 | $6,057,345 | −$2,580,229 | −29.9% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $8,549,348,841 | $9,635,018,086 | $18,184,366,927 | $9,092,183 | $8,637,574 | — | — |
| 2027 (estimate) | $4,834,404,929 | $9,635,018,086 | $14,469,423,015 | $7,234,712 | $6,872,976 | −$1,764,598 | −20.4% |
| 2028 (estimate) | $2,843,945,286 | $9,635,018,086 | $12,478,963,372 | $6,239,482 | $5,927,508 | −$2,710,067 | −31.4% |
Paid on 21,577 parcels in parts of unincorporated Pinellas County. Estimated change by 2028: −$449,200 (−40.9%). 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 | $2,690,081,210 | $1,939,124,957 | $4,629,206,167 | $1,157,302 | $1,099,436 | — | — |
| 2027 (estimate) | $1,515,279,420 | $1,939,124,957 | $3,454,404,377 | $863,601 | $820,421 | −$279,015 | −25.4% |
| 2028 (estimate) | $798,781,188 | $1,939,124,957 | $2,737,906,145 | $684,477 | $650,253 | −$449,184 | −40.9% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $2,690,081,210 | $1,939,124,957 | $4,629,206,167 | $1,157,302 | $1,099,436 | — | — |
| 2027 (estimate) | $1,445,005,130 | $1,939,124,957 | $3,384,130,087 | $846,033 | $803,731 | −$295,706 | −26.9% |
| 2028 (estimate) | $710,289,658 | $1,939,124,957 | $2,649,414,615 | $662,354 | $629,236 | −$470,200 | −42.8% |
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 38.9% of the taxable value for the countywide levies in 2026. Within the health department area, they make up 38.9%, so the estimated percentage change for that levy is smaller. Among the 24 cities and towns that levy a property tax, the homestead share ranges from 16.6% to 63.9%.
The table below shows where the change in the countywide taxable value comes from. The City of St. Petersburg has 27.1% of the county's taxable value and accounts for an estimated 25.0% of the change. Unincorporated Pinellas County has 21.7% of the county's taxable value and accounts for an estimated 31.8% 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 St. Petersburg | $37,570,315,179 | 27.1% | 39.4% | −19.5% | 25.0% |
| Unincorporated Pinellas County | $30,119,917,423 | 21.7% | 51.8% | −31.0% | 31.8% |
| City of Clearwater | $18,878,127,150 | 13.6% | 29.7% | −16.2% | 10.4% |
| City of Largo | $8,263,703,317 | 5.9% | 25.4% | −19.4% | 5.5% |
| City of Pinellas Park | $6,287,059,017 | 4.5% | 22.8% | −19.6% | 4.2% |
| City of St. Pete Beach | $5,095,405,004 | 3.7% | 30.3% | −8.8% | 1.5% |
| City of Dunedin | $4,936,948,420 | 3.6% | 45.6% | −26.7% | 4.5% |
| City of Tarpon Springs | $3,140,468,323 | 2.3% | 46.5% | −29.4% | 3.1% |
| City of Treasure Island | $3,069,226,565 | 2.2% | 31.5% | −10.6% | 1.1% |
| City of Seminole | $2,350,705,044 | 1.7% | 42.7% | −28.4% | 2.3% |
| City of Indian Rocks Beach | $2,259,787,065 | 1.6% | 24.5% | −7.8% | 0.6% |
| City of Safety Harbor | $2,251,284,104 | 1.6% | 57.9% | −32.8% | 2.5% |
| City of Madeira Beach | $2,148,683,269 | 1.5% | 24.1% | −8.0% | 0.6% |
| City of Oldsmar | $1,975,333,815 | 1.4% | 35.0% | −24.8% | 1.7% |
| City of Gulfport | $1,790,358,460 | 1.3% | 50.5% | −25.3% | 1.5% |
| Town of Indian Shores | $1,711,840,053 | 1.2% | 16.6% | −4.3% | 0.3% |
| Town of Belleair | $1,445,984,419 | 1.0% | 63.9% | −16.8% | 0.8% |
| Town of Redington Shores | $1,171,228,139 | 0.8% | 33.7% | −11.1% | 0.4% |
| City of Belleair Beach | $941,918,800 | 0.7% | 49.8% | −10.0% | 0.3% |
| City of South Pasadena | $868,528,947 | 0.6% | 31.2% | −22.2% | 0.7% |
| Town of North Redington Beach | $812,221,391 | 0.6% | 30.6% | −7.3% | 0.2% |
| Town of Redington Beach | $792,322,506 | 0.6% | 37.5% | −8.7% | 0.2% |
| City of Belleair Bluffs | $403,797,543 | 0.3% | 40.5% | −22.2% | 0.3% |
| Town of Kenneth City | $327,671,611 | 0.2% | 38.2% | −33.8% | 0.4% |
| Town of Belleair Shore | $277,938,110 | 0.2% | 39.0% | +0.1% | −0.0% |
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. Pinellas County's adopted budget shows its full set of revenue sources and how much each provides.
The Juvenile Welfare Board of Pinellas County, the Pinellas Suncoast Transit Authority, the Pinellas Planning Council, 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 Pinellas 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 Pinellas County (2026 rates by tax district were not readily available). Parcel tax districts: the tax 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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