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Unprecedented tax cuts will be on the ballot. What that means for Coral Springs

By Produced using AI, based on original work by Luisa Yanez
Legislators voted to approve a constitutional amendment proposed by Gov. Ron DeSantis that would raise the state’s homestead exemption to $250,000. It will save millions of Floridians thousands of dollars on their property taxes if voters approve it in November.
Legislators voted to approve a constitutional amendment proposed by Gov. Ron DeSantis that would raise the state’s homestead exemption to $250,000. It will save millions of Floridians thousands of dollars on their property taxes if voters approve it in November. Matias J. Ocner mocner@miamiherald.com

Florida lawmakers approved a proposal from Gov. Ron DeSantis that would sharply increase the homestead exemption, potentially saving Broward homeowners approximately $2,000 a year.

But Coral Springs officials warn the cuts could cost the city millions in revenue used for police, fire rescue and other essential services.

FULL STORY: Coral Springs homeowners could see lower tax bills under proposed property tax cuts

Coral Springs Mayor Scott Brook has been an outspoken opponent of the property tax cuts movement.
Coral Springs Mayor Scott Brook has been an outspoken opponent of the property tax cuts movement. Courtesy: City of Coral Springs

Here are key takeaways:

  • The proposal would raise Florida’s homestead exemption from $50,000 to $150,000 in 2027 and $250,000 in 2028. It applies to county and municipal taxes but not school district taxes.
  • The average Broward homeowner would save about $2,100 annually, according to the Broward County Property Appraiser’s Office, though figures are being recalculated after recent amendments and could increase or decrease slightly.
  • Coral Springs stood to lose roughly $27 million in annual revenue — about 27% of property taxes levied in 2025 — under earlier estimates affecting the city’s 25,871 homesteaded properties.
  • Mayor Scott Brook and city commissioners oppose the measure. Commissioner Joshua Simmons warned “hard decisions would have to be made” to maintain current service levels.
  • The constitutional amendment now heads to the November ballot, where it needs at least 60% voter approval to take effect.

This report was produced with the assistance of a proprietary tool powered by artificial intelligence and using our own originally reported, written and published content. It was reviewed and edited by our journalists.

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