Bay and Walton counties plan for revenue loss after Amendment 3

Bay and Walton counties are preparing for a revenue loss after Amendment 3 passed, a development reported by WJHG. The counties’ response will take place through their financial planning process.

What has changed

Amendment 3 has passed, and Bay and Walton counties are planning for the resulting loss of revenue. The development affects both counties, but the specific revenue source, dollar amount and effective date are not stated.

What county officials are weighing

The immediate issue is how the counties will account for the reduced revenue in future budgets. That process may involve reviewing planned spending and services, but no specific budget action or service change has been identified.

What happens next

County officials will continue planning around the revenue change. The next public decisions would show how each county intends to respond and whether the two counties adopt the same or different approaches.