Introduction

The Florida Legislature passed a resolution which includes increasing homestead exemptions from $50,000 to $250,000 and a framework for the future reduction or elimination of certain property taxes on homesteaded properties. The measure also includes restrictions on how local governments may use ad valorem (property tax) revenue for specific services. 

Florida voters will have the opportunity to consider proposed changes to the state’s property tax system during the November 2026 General Election. If approved by 60% of voters, it would take effect with the 2027 tax year.

Where Do My Property Tax Dollars Go?

Dollar-shaped infographic showing Martin County BOCC property tax allocation by category.

Martin County Property Tax Allocation

Total Ad Valorem: $361.9 million*

This dollar graphic shows how the Martin County Board of County Commissioners portion of the property tax bill is allocated among major service areas. The graphic visually represents these categories as color-coded sections.

  • Public Safety (blue): 65%, totaling $235.8 million. This represents the largest share of the budget and supports services such as law enforcement, emergency response, and related public safety operations.
  • General Government (teal): 23%, totaling $83.2 million. This category includes county administration, operational support functions, and general government services.
  • Roads, Stormwater, and Environmental (green): 6%, totaling $22.9 million. Funding supports transportation infrastructure, drainage systems, stormwater management, and environmental programs.
  • Culture and Recreation (pink): 6%, totaling $19.9 million. Funding supports parks, recreational facilities, cultural programs, and community enrichment services.

*Dollar amounts are based on 2026 property tax allocations

Frequently Asked Questions

Property taxes are local taxes based on the assessed value of real property. They make up a portion of the County’s budget and are used to fund some essential services. In FY 2026, approximately 45% of the County’s budget was funded with property taxes.

A homestead property is a homeowner's primary residence that qualifies for tax benefits and reduces the taxable value of the home.