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Century Stands To Lose About $10K A Year If Property Taxes Are Cut
June 3, 2026
If voters approve a property tax cut in November, the impact on the Town of Century will be negligible because most of the town’s revenue is not generated by property taxes.
The impact on the town in the first year (FY 2027-2028) with a $150,000 homestead exemption is estimated at $9,320, according to an estimate by the Escambia County Property Appraiser’s Office. Under the full $250,000 exemption in the second year, Century would lose $10,823 based on the 2025 tax rolls.
RELATED: Legislature Approves Placing Homestead Property Tax Amendment On November Ballot
“As a homeowner, of course I don’t want to pay property taxes,” Century Council member Shelisa Abraham said Tuesday night. “As a council person, I realize we need that income to keep us going. For a small municipality of Cenutry, this will create a shorfall for us. You may have to cut local services or raise utility prices to make up for it.”
The current Century budget relies on property taxes for $59,680 for the general fund and $45,000 for the CRA, for a total of $104,680.
A majority of Century’s $9.2 million 2025 budget was funded by utilities at $2.11 million and grants at $5 million.
RELATED: Escambia County Braces For $94 Million Revenue Loss If Homestead Amendment Passes
Comments
6 Responses to “Century Stands To Lose About $10K A Year If Property Taxes Are Cut”
So glad that they are going to try and cut the land tax. People work to hard to buy their land to lose it at a drop of dime.
I suggest that they take a cut in their salary and expenses they claim. Property tax should be exempt for those over 70–I am 80 and have paid propery tax forever!! malke it easier to buy a home they get tax money forever!!
That is less than Dave Murzin’s salary
Well they will have to learn to live without the citizen’s money they have all this money but the bridge is not fixed on Freedom Road and the sewer system is still broken when is someone going to step in and say enough is enough
Well how about Century, and the rest of government, learns to live within its means like the rest of us out here have to.
Novel concept, I know.
What do the people in Century gain? The elderly on retirement or the individual that has worked and paid off their homes?