The Hillsborough County Property Appraiser site now has a calculator for the proposed "Super Exemption"to be on the ballot during January presidential primary. It gives a dramatic graph of the reductions in taxable values. However, there is (in this writer's opinion) a built-in bias to keep the status quo.

The default on the Property Appraiser's calculator assumes a 7% appreciation in values. Historic norms are more like 3% maybe 4%. The difference is significant when it comes to deciding which is better in the long term.

The default setting at 7% negates the super exemption savings in less than 5 years. At the more likely historic norm of 3% appreciation, it would take 15 years to negate the super exemption savings.

Run it on your own property and see the result for yourself using the default 7% and a more realistic 3%. http://www.hcpafl.org/www/search/index.shtml

Keep in mind for long time homesteaded homeowners, even if the super exemption passes they will have a choice to retain the Save Our Homes cap.