St. Johns County Preps $191.6M Tax Revenue Hit From Amendment 3
St. Johns County, Fla. – September 16, 2026 -- St. Johns County has built a fiscal contingency plan around estimates showing property-tax revenue could fall by $68.3 million in Fiscal Year 2028, $136.1 million in FY 2029, and $191.6 million in FY 2032 if voters approve Property Tax Amendment 3 on Nov. 3, 2026. The projections, sourced from the Florida Office of Economic and Demographic Research, have driven a countywide budget review underway since May.
County identifies $108.6 million in spending for post-election reassessment
Staff flagged approximately $100 million in capital improvement projects for hold status, alongside $4 million tied to vacant positions, $2 million in unfunded FY 2027 roles, and $2.6 million in paused-but-recommended positions. County Administrator Joy Andrews said the approach lets officials avoid committing resources that may not be available later while protecting long-term financial stability.