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HomeMy WebLinkAbout2026 06 08 Report - Mayor McCann submitted recordThe homestead exemption in Central Florida The property tax cuts proposed by Gov. Ron DeSamis and Me state legislaturewill affect Central Florida municipalities differently depending on how much of tier tax base comes from primary residences, or mesteads. h Increases the nomestead tax exemption from 550.000 currently to 5250.000 in two years. but school taxes are not affected Toni property tax revenue, Agency Fv 2024 Proportion from homesteads Winter Springs $lomillion Oviedo S27 million Groveland Sl5 million Lake County schools 5287 million St. Cloud S34 million Wirmr Garden S30 million Lake County $214 million Seminole County schools 5310 million Mount Dora $14 million - Seminole County 5327 million Winter Park $39 million Clermont S29 million Apopka $34 million Leesburg Sl3 million Osceola County schools $321 million Lake Mary S14 million Orange County 51.38 billion Orange County schools $1.54billiun ©' Osceola County 51.22 billion ©' Ocoee S26 million Kissimmee $33 million Sanford S49 million Altamonte Spnngs $21 million Orlando 5347 million Eatonville S2.2milbon 04%