Florida Chief Financial Officer Blaise Ingoglia said rising property taxes are putting pressure on homeowners across the state, and that meaningful reform must be a top issue in the coming election cycle.

Ingoglia said state leaders are working to bring a property tax reform measure before voters.  “… so we can get real property tax reform on the 2026 ballot and have people vote for their own tax cut, not have to worry about the locals doing it for them,” he said.

Governor DeSantis: Abolishing property taxes on Florida homeowners would put “a thumb on the scale in favor of traditional homeownership, allowing more everyday Floridians to purchase the same homes that are now mostly affordable to investors.”

Currently, 19.41% of taxable property value in Monroe County is homesteaded property.  Hard to visualize a potential budget season in 2026 with almost 20% of real estate property values no longer taxable. Would there be tax cuts - or just a shift to ask vacation homeowners, investors, and businesses to pay more.

And then Insurance Costs: “Analysis says Florida is the most expensive state for homeowners’ insurance.”  via Drew Dixon of Florida Politics — Florida has made some gains in reducing homeowners’ insurance costs in recent years. But the state still has the most expensive premiums for coverage in the U.S.