All Florida countiesBased on the 2026 certified tax roll
Pasco CountyAmendment 3Tax Calculator
Property search and homestead exemption estimates
All Florida countiesBased on the 2026 certified tax rollAn estimate of how Amendment 3's larger homestead exemption could change ad valorem property tax revenue for the Town of St. Leo, based on 2026 property values and the final 2026 town tax rate of 0.8665 mills.
Illustrative estimates only. These figures are meant to illustrate how Amendment 3 could affect the Town of St. Leo based on current data. They are not official. For official information about the Town of St. Leo's budget, tax rate and revenue, contact the Town of St. Leo directly. For official property values and exemptions, contact the Pasco County Property Appraiser.
Homestead assessed values rise 3% a year, the most Save Our Homes allows. All other property stays at its 2026 taxable value. The town'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.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $5,513,067 | $4,550,185 | $10,063,252 | $8,720 | $8,284 | — | — |
| 2027 (estimate) | $3,293,843 | $4,550,185 | $7,844,028 | $6,797 | $6,457 | −$1,827 | −22.1% |
| 2028 (estimate) | $1,952,996 | $4,550,185 | $6,503,181 | $5,635 | $5,353 | −$2,931 | −35.4% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $5,513,067 | $4,550,185 | $10,063,252 | $8,720 | $8,284 | — | — |
| 2027 (estimate) | $3,104,410 | $4,550,185 | $7,654,595 | $6,633 | $6,301 | −$1,983 | −23.9% |
| 2028 (estimate) | $1,679,580 | $4,550,185 | $6,229,765 | $5,398 | $5,128 | −$3,156 | −38.1% |
Of Pasco County's six cities and towns, the Town of St. Leo has the second-largest estimated percentage change in town ad valorem revenue by 2028. The estimated change is −35.4%. Two things determine its size.
How much of the town'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 Town of St. Leo, homesteads make up 54.8% of taxable value in 2026, the second-highest share of the six. Among the six, the share ranges from 27.3% to 63.6%.
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 Town of St. Leo has an assessed value of $202,180, the second-highest of the six. By 2028, the new exemption is estimated to remove 64.6% of the town's homestead taxable value. Among the six, this ranges from 52.3% to 87.0%.
Across the county, the first factor accounts for most of the difference between places. San Antonio and St. Leo, where homesteads make up the largest shares of taxable value, have the largest estimated percentage changes. Port Richey and New Port Richey, where homesteads make up the smallest shares, have the smallest. Home values matter less at this level. New Port Richey has the lowest median homestead assessed value, and the exemption removes 84.1% of its homestead taxable value, but because homesteads are 27.3% of its tax base, its estimated percentage change is the second-smallest of the six.
| City or town | Homestead share of taxable value, 2026 | Median homestead assessed value | Homestead taxable value removed by 2028 | Estimated revenue change by 2028 |
|---|---|---|---|---|
| City of San Antonio | 63.6% | $217,290 | 69.6% | −44.3% |
| Town of St. Leo | 54.8% | $202,180 | 64.6% | −35.4% |
| City of Zephyrhills | 37.1% | $166,160 | 87.0% | −32.3% |
| City of Dade City | 36.8% | $199,190 | 79.6% | −29.3% |
| City of Port Richey | 28.9% | $184,506 | 52.3% | −15.1% |
| City of New Port Richey | 27.3% | $113,740 | 84.1% | −22.9% |
Sorted by homestead share of taxable value. Estimates use homestead assessed values rising 3% a year and the final 2026 city tax rates.
| Year | Homestead exemption | Homesteads with $0 town taxable value | Share of homesteads | Median town tax per homestead | Homestead share of town taxable value |
|---|---|---|---|---|---|
| 2026 | up to $51,411 | 1 | 3.6% | $120 | 54.8% |
| 2027 (estimate) | $150,000 | 7 | 25.0% | $40 | 42.0% |
| 2028 (estimate) | $250,000 | 17 | 60.7% | $0 | 30.0% |
Estimates use homestead assessed values rising 3% a year. Median town tax counts only the town's own millage, not county, school or other taxes.
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 Town of St. Leo's adopted budget shows its full set of revenue sources and how much each provides.
Property in the town also pays Pasco County government's fire rescue MSTU. That money goes to the county, not the town, and is not included in these figures.
Property values and exemptions: The Pasco County Property Appraiser's 2026 final tax roll, as published by the Florida Department of Revenue. Tax rates: the Property Appraiser's 2026 taxing areas and millage rates. Parcel tax districts: the tax area codes 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 town's total taxable value times 0.8665 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.