Town of Ponce Inlet
An estimate of how Amendment 3's larger homestead exemption could change ad valorem property tax revenue for the Town of Ponce Inlet, based on 2026 property values and the final 2026 town tax rate of 6.2300 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 Town of Ponce Inlet. Read the full list of limitations below.
Illustrative estimates only. These figures are meant to illustrate how Amendment 3 could affect the Town of Ponce Inlet based on current data. They are not official. For official information about the Town of Ponce Inlet's budget, tax rate and revenue, contact the Town of Ponce Inlet directly. For official property values and exemptions, contact the Volusia County Property Appraiser.
Summary of estimates
2026 town ad valorem revenue$8.2 million95% of the gross levy of $8.7 million, the share Florida requires taxing authorities to budget at minimum
2028 estimate$6.8 million95% of a gross levy of $7.2 million, with homestead assessed values rising by up to 3% a year, capped at just value
Estimated change by 2028−$1.4 million−16.8% from 2026. If homestead values stay flat: −$1.5 million (−18.6%)
Homesteads1,42840.0% of 3,574 parcels in the town
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 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 | $534,854,281 | $855,484,706 | $1,390,338,987 | $8,661,812 | $8,228,721 | — | — |
| 2027 (estimate) | $411,798,643 | $855,484,706 | $1,267,283,349 | $7,895,175 | $7,500,417 | −$728,305 | −8.9% |
| 2028 (estimate) | $301,447,339 | $855,484,706 | $1,156,932,045 | $7,207,687 | $6,847,302 | −$1,381,419 | −16.8% |
If homestead assessed values stay at 2026 levels
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|
| 2026 | $534,854,281 | $855,484,706 | $1,390,338,987 | $8,661,812 | $8,228,721 | — | — |
| 2027 (estimate) | $397,668,525 | $855,484,706 | $1,253,153,231 | $7,807,145 | $7,416,787 | −$811,934 | −9.9% |
| 2028 (estimate) | $276,287,397 | $855,484,706 | $1,131,772,103 | $7,050,940 | $6,698,393 | −$1,530,328 | −18.6% |
What drives the estimate
Of Volusia County's 17 cities and towns, the Town of Ponce Inlet has the third-smallest estimated percentage change in town ad valorem revenue by 2028. The estimated change is −16.8%. 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 Ponce Inlet, homesteads make up 38.5% of taxable value in 2026, the ninth-highest share of the 17. Among the 17, the share ranges from 21.1% to 58.2%.
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 Ponce Inlet has an assessed value of $350,289, the highest of the 17. By 2028, the new exemption is estimated to remove 43.6% of the town's homestead taxable value. Among the 17, this ranges from 43.6% to 100.0%.
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. Holly Hill has the lowest median homestead assessed value, and the exemption removes 89.2% of its homestead taxable value, but because homesteads are 21.6% of its tax base, its estimated percentage change is the fifth-smallest of the 17.
| 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 DeBary | 58.2% | $218,727 | 74.7% | −43.5% |
| City of Lake Helen | 53.5% | $155,978 | 75.1% | −40.2% |
| City of Deltona | 50.1% | $147,445 | 91.6% | −45.9% |
| City of Ormond Beach | 45.6% | $221,404 | 63.3% | −28.9% |
| City of DeLand | 44.7% | $235,116 | 78.1% | −34.9% |
| City of Oak Hill | 44.1% | $171,260 | 69.9% | −30.8% |
| City of Edgewater | 44.0% | $159,241 | 81.7% | −36.0% |
| City of Port Orange | 43.4% | $194,686 | 78.7% | −34.2% |
| Town of Ponce Inlet | 38.5% | $350,289 | 43.6% | −16.8% |
| City of New Smyrna Beach | 38.2% | $264,421 | 53.4% | −20.4% |
| City of South Daytona | 35.3% | $145,228 | 83.5% | −29.5% |
| Town of Pierson | 33.2% | $117,081 | 80.4% | −26.7% |
| City of Daytona Beach | 23.6% | $186,392 | 69.0% | −16.3% |
| City of Flagler Beach | 23.1% | $170,641 | 100.0% | −23.1% |
| City of Orange City | 21.8% | $165,827 | 87.1% | −19.0% |
| City of Holly Hill | 21.6% | $113,139 | 89.2% | −19.3% |
| City of Daytona Beach Shores | 21.1% | $265,216 | 59.6% | −12.6% |
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 town
| 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 | 12 | 0.8% | $1,848 | 38.5% |
| 2027 (estimate) | $150,000 | 77 | 5.4% | $1,293 | 32.5% |
| 2028 (estimate) | $250,000 | 317 | 22.2% | $732 | 26.1% |
Estimates use homestead assessed values rising by up to 3% a year, capped at just value. Median town tax counts only the town'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 Town of Ponce Inlet's adopted budget shows its full set of revenue sources and how much each provides.
Property in the town also pays Volusia County government's mosquito control and Ponce de Leon Inlet and Port District. That money goes to the county, not the town, and is not included in these figures.
Limitations of these estimates
- Values will change. Market values, new construction, demolitions and annexations will all change the town's taxable value. Here, property without a homestead exemption stays at its 2026 value, and homestead assessed values either stay flat or rise by up to 3% a year, but not above each home's 2026 just value. Homes already assessed at their just value don't rise at all, and just values will themselves change with the market. The Save Our Homes cap for 2026 was 2.7%.
- The number of homesteads will change. When a homestead sells, its assessed value resets to market value for the new owner. New owners may or may not apply for a homestead exemption. Owners who were not Florida residents on Dec. 31, 2026, receive a $50,000 non-school exemption instead of the larger amounts. None of these changes are modeled.
- Tax rates may change. The town sets its millage rate each year. These estimates hold the final 2026 rate of 6.2300 mills constant to show the effect of the exemption alone.
- Other parts of Amendment 3 are not modeled, including the new 5% annual cap on non-school assessment increases for property without a homestead exemption.
- Discounts and unpaid taxes. Property owners who pay early get a discount under section 197.162, Florida Statutes: 4% in November, 3% in December, 2% in January and 1% in February, with no discount in March. Some taxes are paid late or not at all, and value adjustment board decisions can lower a property's value after the roll is certified. Because of this, a government does not collect its full gross levy. Section 200.065, Florida Statutes, requires taxing authorities to use at least 95% of their taxable value when setting tax rates, and the Florida Department of Revenue's 2026 TRIM Compliance Workbook says each millage rate must include at least 95% of ad valorem proceeds in the budget. These pages show both the gross levy and 95% of it, called the budget basis. Actual collections vary from year to year and can be above or below 95%.
- Real property only. These figures cover land and buildings on the tax roll. Taxes on tangible personal property, such as business equipment, and on centrally assessed property, such as railroads, are not included. That property has no homestead exemption, so including it would add revenue that Amendment 3 does not change.
- Collection and assessment costs are not subtracted. Fees or commissions that may be paid to the tax collector or property appraiser are not included.
- Taxable value is approximate. These figures use each parcel's county (non-school) taxable value. Exemptions that apply only to city taxes can make the town's actual taxable value differ.
- Operating millage only. Any voter-approved debt service millage is not included.
- Parcel locations come from the millage codes on the same tax roll.
- This page does not predict budgets, services or how the town may respond. For official figures, see the Town of Ponce Inlet's budget documents and the Volusia County Property Appraiser.
Sources and method
Property values and exemptions: The Volusia County Property Appraiser's 2026 final tax roll, as published by the Florida Department of Revenue. Tax rates: the Property Appraiser's final 2026 millage rates by millage code. Parcel tax districts: the millage 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 6.2300 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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