Palm Coast City Budget Includes Big Jump for Economic Development

Voters will have a lot of decisions to make when marking their ballots in November and one that has drawn a lot of attention is Amendment 3. If approved by 60% of voters, the measure would increase the homestead exemption for all non-school taxes to $150,000 in 2027 and $250,000 in 2028 and adjust for inflation thereafter. While the issue has raised concerns from local governments about budget shortfalls, it could also have an impact on business and economic development
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