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Solar Amendment Projected To Cost Jacksonville $250K In Revenue

solar panels on roof
Marufish via Flickr

A solar power amendment Florida voters passed last month will likely cost the city of Jacksonville a hefty chunk of property tax revenue.  

Amendment 4 exempts the value of solar panels atop homes or businesses from local taxation.

Duval County Property Appraiser Jerry Holland estimates that’s about $25 million worth of solar equipment that can’t be taxed, starting next year.

“It’ll be a pretty significant amount for the city: probably $250,000 [in lost revenue] to the city. It will exempt, I believe, also for the school district,” he said.

Last year, property taxes made up nearly two-thirds of the city budget’s general fund.

And two amendments coming up on November’s ballot could further deplete that fund.

Amendment 3 would give a property tax exemption to police and fire fighters permanently disabled in the line of duty. Holland says that would apply to about 50 people in Duval County.

And Amendment 5 would amend an exemption for low-income seniors so they can keep their exemption even after their home value rises above a $250,000 threshold. Currently, seniors who qualify for the exemption lose it when their home value rises.

Jessica Palombo supervises local news gathering and production, podcasts and web editorial content for WJCT News, ADAPT and Jacksonville Today. She is an award-winning writer and journalist with bylines including NPR, Experience Magazine, and The Gainesville Sun. She has a master’s degree in broadcast and digital journalism from Syracuse University and is an alumna of the University of Florida. A nearly lifelong resident of Jacksonville, she considers herself lucky to be raising her own children in her hometown. Follow Jessica Palombo on Twitter: @JaxJessicaP