Q: What are property taxes?
A: The taxable value of property times the millage rate or the amount of money you get taxed based on the taxable value of your home.
Q: What do your local taxes do now?
A: $78/per month in North Port property taxes pay for $194/per month in City services. For every $1 in local taxes, North Port delivers about $2.47 in essential services.
Q: What is being proposed for the November 2026 ballot?
A: The Florida Legislature approved a joint resolution that will place a property tax constitutional amendment on the November 2026 general election ballot for voters to decide. The constitutional amendment (HJR 1F) requires 60% voter support to take effect.
Q: What would the amendment do?
A: It would create a new “super homestead” exemption on non-school property taxes for Florida homeowners.
Q: How would the exemption increase over time?
A: The exemption would start at $150,000 on Jan. 1, 2027, increase to $250,000 on Jan. 1, 2028, and then grow annually with inflation.
Q: Does all of my property tax go to the City of North Port?
A: No. Your total property tax bill is shared among several agencies. On average:
- 42% goes to the Sarasota County School District
- 23% goes to Sarasota County Government
- 9% goes to other districts and public agencies
- 26% stays with the City of North Port
Q: Does this apply to school property taxes?
A: No, the exemption applies only to the non-school portion of ad valorem property taxes. School district taxes are not included.
Q: Who qualifies for the full exemption?
A: Homeowners must be Florida residents on or before Dec. 31, 2026, to qualify for the full “super homestead” exemption. New residents would receive a smaller exemption for four years before becoming eligible for the full amount.
Q: When would the amendment take effect if approved?
A: If at least 60% of voters approve it in November 2026, the amendment would be added to the Florida Constitution and begin phasing in starting in the 2027 tax year.