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City of Apopka

An estimate of how Amendment 3's larger homestead exemption could change ad valorem property tax revenue for the City of Apopka, based on 2026 property values and the final 2026 city tax rate of 4.6761 mills.

These are estimates, not forecasts. They hold today's values and tax rate constant to show the effect of the new exemption by itself. Property values, the number of homesteads and tax rates will all change. Property taxes are also not the only source of revenue for the City of Apopka. Read the full list of limitations below.

Illustrative estimates only. These figures are meant to illustrate how Amendment 3 could affect the City of Apopka based on current data. They are not official. For official information about the City of Apopka's budget, tax rate and revenue, contact the City of Apopka directly. For official property values and exemptions, contact the Orange County Property Appraiser.

Key figures

2026 city ad valorem revenue$39.0 million95% of the gross levy of $41.1 million, the share Florida requires taxing authorities to budget at minimum
2028 estimate$29.7 million95% of a gross levy of $31.3 million, with homestead assessed values rising by up to 3% a year, capped at just value
Estimated change by 2028−$9.3 million−23.7% from 2026. If homestead values stay flat: −$9.7 million (−24.8%)
Homesteads14,26653.5% of 26,676 parcels in the city

Estimated revenue by year

Homestead assessed values rise by up to 3% a year, the most Save Our Homes allows, but never above each home's 2026 just (market) value. All other property stays at its 2026 taxable value. The city's tax rate stays at its final 2026 level. The gross levy is taxable value times the tax rate. The budget basis is 95% of the gross levy, which allows for early-payment discounts and unpaid taxes; see the limitations below.

YearHomestead taxable valueOther taxable valueTotal taxable valueGross levyBudget basis (95%)Change from 2026 (95%)Percent change
2026$3,074,465,910$5,707,771,430$8,782,237,340$41,066,620$39,013,289——
2027 (estimate)$1,895,311,359$5,707,771,430$7,603,082,789$35,552,775$33,775,137−$5,238,152−13.4%
2028 (estimate)$988,906,085$5,707,771,430$6,696,677,515$31,314,334$29,748,617−$9,264,672−23.7%

If homestead assessed values stay at 2026 levels

YearHomestead taxable valueOther taxable valueTotal taxable valueGross levyBudget basis (95%)Change from 2026 (95%)Percent change
2026$3,074,465,910$5,707,771,430$8,782,237,340$41,066,620$39,013,289——
2027 (estimate)$1,826,928,180$5,707,771,430$7,534,699,610$35,233,009$33,471,358−$5,541,931−14.2%
2028 (estimate)$893,793,689$5,707,771,430$6,601,565,119$30,869,579$29,326,100−$9,687,189−24.8%

What drives the estimate

Of Orange County's 13 cities and towns, the City of Apopka has the third-largest estimated percentage change in city ad valorem revenue by 2028. The estimated change is −23.7%. Two things determine its size.

How much of the city's taxable value comes from homesteads. The amendment changes the exemption only for homesteads. Property without a homestead exemption, such as rentals, businesses, second homes and vacant land, keeps its taxable value. In the City of Apopka, homesteads make up 35.0% of taxable value in 2026, the sixth-lowest share of the 13. Among the 13, the share ranges from 0.0% to 68.3%.

How much of that homestead value the new exemption removes. Because the exemption is a flat dollar amount, it removes a larger share of value from homes with lower assessed values. The median homestead in the City of Apopka has an assessed value of $267,680, the sixth-lowest of the 13. By 2028, the new exemption is estimated to remove 67.8% of the city's homestead taxable value. Among the 13, this ranges from 0.0% to 92.9%.

Across the county, places where homesteads make up a larger share of taxable value generally have larger estimated percentage changes. Home values matter less at this level. Eatonville has the lowest median homestead assessed value, and the exemption removes 92.9% of its homestead taxable value, but because homesteads are 5.4% of its tax base, its estimated percentage change is the third-smallest of the 13.

City or townHomestead share of taxable value, 2026Median homestead assessed valueHomestead taxable value removed by 2028Estimated revenue change by 2028
Town of Windermere68.3%$681,77915.8%−10.8%
City of Belle Isle63.7%$306,03244.6%−28.4%
Town of Oakland53.9%$373,52043.7%−23.6%
City of Winter Park47.7%$466,43021.4%−10.2%
City of Winter Garden46.3%$324,40051.0%−23.6%
City of Edgewood45.6%$331,05343.4%−19.8%
City of Ocoee39.6%$250,71571.2%−28.2%
City of Apopka35.0%$267,68067.8%−23.7%
City of Maitland34.5%$336,32538.5%−13.3%
City of Orlando20.3%$256,30751.5%−10.5%
Town of Eatonville5.4%$98,24092.9%−5.0%
City of Bay Lake0.0%$00.0%+0.0%
City of Lake Buena Vista0.0%$00.0%+0.0%

Sorted by homestead share of taxable value. Estimates use homestead assessed values rising by up to 3% a year, capped at just value and the final 2026 municipal tax rates.

Homesteads in the city

YearHomestead exemptionHomesteads with $0 city taxable valueShare of homesteadsMedian city tax per homesteadHomestead share of city taxable value
2026up to $51,4116104.3%$95535.0%
2027 (estimate)$150,0002,91120.4%$52524.9%
2028 (estimate)$250,0006,35744.6%$8814.8%

Estimates use homestead assessed values rising by up to 3% a year, capped at just value. Median city tax counts only the city's own millage, not county, school or other taxes.

Property taxes are one of several revenue sources

Florida cities and towns also receive money from other sources. Depending on the place, these can include state revenue sharing, the local government half-cent sales tax, local option sales and fuel taxes, public service taxes on utilities, the communications services tax, franchise fees, charges for services such as utilities and permits, and state and federal grants. The mix differs from place to place. The City of Apopka's adopted budget shows its full set of revenue sources and how much each provides.

Limitations of these estimates

Sources and method

Property values and exemptions: The Orange County Property Appraiser's 2026 final tax roll, as published by the Florida Department of Revenue. Tax rates: the Property Appraiser's 2026 final millage rates by mill code and its 2026 final tax roll levy listing. Parcel tax districts: the tax district codes (city and mill code) on the same tax roll.

For each homestead, the estimated taxable value is its assessed value minus the new homestead exemption ($150,000 in 2027, $250,000 in 2028) and any other exemptions, but not less than zero. The gross levy is the city's total taxable value times 4.6761 mills. The budget basis is 95% of the gross levy, following section 200.065, Florida Statutes, and the Department of Revenue's 2026 TRIM Compliance Workbook. Early-payment discounts: section 197.162, Florida Statutes.

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