CIVIC RECORDDUVAL COUNTY 2026 FIELD GUIDE
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Florida01Amendment

BALLOT QUESTION · Duval County, Florida · 2026-11-03

Budget Stabilization Fund

Read the official wording before weighing the proposal. Confirm whether this question appears on your ballot with your elections office.

Official ballot wording & sources

Proposing an amendment to the State Constitution to increase the amount of funds that may be retained in the budget stabilization fund from 10% to 25% of general revenue collections, require the legislature to transfer the lesser of $750 million or the amount required to reach 25% of the general revenue collections each year unless certain conditions are met, and allow the legislature to withdraw funds for critical state needs.

Choices: Yes / No

  • Duval 2026 General All-Races Sample BallotDuval County Supervisor of Elections · Captured 2026-10-27No. 1 Constitutional Amendment Article III, Section 19 Budget Stabilization FundOpen original source ↗
  • Duval 2026 General All-Races Sample BallotDuval County Supervisor of Elections · Captured 2026-10-27No. 1 Constitutional Amendment Article III, Section 19 Budget Stabilization Fund Proposing an amendment to the State Constitution to increase the amount of funds that may be retained in the budget stabilization fund from 10% to 25% of general revenue collections, require the legislature to transfer the lesser of $750 million or the amount required to reach 25% of the general revenue collections each year unless certain conditions are met, and allow the legislature to withdraw funds for critical state needs. Yes NoOpen original source ↗

Explanation & fiscal effects

Expands the state budget stabilization fund and requires annual deposits toward a higher ceiling. This is a state budget rule, not a new tax.

Sources for this explanation
Purpose & what a vote means

A larger state reserve

Expands the state budget stabilization fund and requires annual deposits toward a higher ceiling. This is a state budget rule, not a new tax.

Sources & cited passages
Tax, budget & practical effects

If YES wins

Raises the reserve ceiling from 10% to 25% of the prior fiscal year’s net general revenue. Each year the Legislature must deposit up to $750 million, or the smaller sum needed to reach 25%; specified exceptions can suspend the transfer. The 5% minimum remains.

Sources & cited passages

When the fund may be used

Keeps withdrawals for revenue shortfalls and emergencies. Adds a nonrecurring critical-state-need withdrawal when the balance exceeds 15% of general revenue, with two-thirds approval in each legislative chamber and a remaining balance of at least 10%. A separate critical-need exception to the annual deposit is limited to once every five years.

“Critical state need” is not defined in the amendment; the once-every-five-years limit concerns the separate deposit-suspension exception, not every withdrawal.

Sources & cited passages

If NO wins

Keeps the existing 10% reserve ceiling and existing shortfall/emergency uses; does not add this annual deposit requirement or the new critical-need withdrawal authority.

Sources & cited passages
  • Duval 2026 General All-Races Sample BallotDuval County Supervisor of Elections · Captured 2026-10-27No. 1 Constitutional Amendment Article III, Section 19 Budget Stabilization Fund Proposing an amendment to the State Constitution to increase the amount of funds that may be retained in the budget stabilization fund from 10% to 25% of general revenue collections, require the legislature to transfer the lesser of $750 million or the amount required to reach 25% of the general revenue collections each year unless certain conditions are met, and allow the legislature to withdraw funds for critical state needs. Yes NoOpen original source ↗
Supporters & their arguments

Republican Party of Florida

Republican Party of Florida

The state GOP endorses YES and argues that larger reserves help the state respond to storms and downturns without higher taxes.

An endorsement does not establish campaign spending or a contribution.

Sources & cited passages
Opponents & their arguments

League of Women Voters of Florida

League of Women Voters of Florida

The League’s own 2026 amendment guide lists LWV of Florida among the opponents.

Sources & cited passages

Collier County Democratic Party

Collier County Democratic Party

Recommends NO, arguing that the proposal locks up revenue that could serve current needs.

Sources & cited passages

What remains unverified

  • Major campaign donors, committee receipts and spending have not been verified. Named supporters are endorsements, not proof of funding.