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Our call — vote YES
The measure
Amendment 1 is a legislatively referred constitutional amendment on Florida's November 3, 2026 ballot; like all Florida amendments, it needs 60% to pass. It concerns the Budget Stabilization Fund, the state's rainy-day reserve. The fund's cap would rise from 10% to 25% of net general revenue. The annual transfer into the fund would be the lesser of $750 million or the amount needed to reach the 25% cap. The transfer could be suspended by a two-thirds vote for a critical need, once in five years, or in a year when money was withdrawn. Withdrawals would be allowed for emergencies and revenue shortfalls — and for a critical need, with a two-thirds vote, if the balance exceeds 15% of net general revenue. In fiscal year 2024-25 the fund stood at 9.3% of net general revenue.
What YES does
A yes vote raises the savings cap to 25%, sets the annual transfer formula, and writes the suspension and withdrawal rules into the constitution.
What NO does
A no vote keeps the 10% cap and the current rules.
The math
The amendment moves no tax dollars by itself; it governs how much of existing general revenue the state may hold in reserve. No separate fiscal estimate was published on the measure's Ballotpedia page.
OUR CALL
Our call: YES.
Saving in good years is how a state avoids tax hikes and emergency cuts in bad ones. A larger, rule-bound reserve — with withdrawals fenced behind emergencies, shortfalls, and supermajority votes — is fiscal restraint written into the constitution, not spending. Florida keeps taxes low in part because it prepares; this amendment strengthens that discipline.
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Vote early. Research your candidates. Choose the best moderates, whatever their party — no extremism from either side. And encourage your friends and family to do the same.
Sources
- Ballotpedia — Florida Amendment 1 measure page (accessed October 25, 2026)
- Ballotpedia — 2026 ballot measures — https://ballotpedia.org/2026_ballot_measures
Result pending. No verified call (Associated Press or official) as of November 4, 2026. This page will be updated when the race is called or certified. The original article above is unchanged.
AI-assisted article — but the sources are human, and the facts are very real.