Florida Property Tax

In the March 2008 monthly meeting of Pensacola Real Estate Navigators , our local Escambia County property appraiser Chris Jones was the guest speaker. I have never met Chris, although I have been friends with other members of his family for many years. And Chris, like the rest of his family, is a warm and friendly person and truly cares about his Pensacola community. I have also had to work through real estate related issues with the Escambia County Property Appraisers office, and they are a pleasure to deal with. (I’m not kidding. No sarcasm intended.) Maybe you’ve dealt with our local county or ... Read Full Story

The Save our Homes Amendment Property Tax Cap The Florida Constitution was amended effective January 1, 1995, to limit annual increases in assessed value of property with Homestead Exemption to three percent or the change in the Consumer Price Index, whichever is lower (see CPI history ). This amendment is generally known as the "Save our Homes Amendment". No assessment, though, shall exceed current fair market value. This limitation applies only to property assessed value , not property taxes. When a house is sold, the cap and exemption are removed at the end of the calendar year, and taxes are calculated on the full ... Read Full Story

The Sarasota Herald-Tribune wants the Florida legislature to, " Take a break from tax cuts ". We say keep the ball rolling. As we said before we have three bites at the apple to fix our broken property tax system. We took our first big bite by passing Amendment 1. Now there are two more: 1.) Next have the Florida Taxation and Budget Reform Commission put on the ballot in November constitutional amendments that eliminate or reduce the negative impacts of property taxes and shift the tax burden to a broader fairer sales tax. The McKay proposal is a good first step. 2.) Finally, ... Read Full Story

Again, lawmakers have done nothing to solve the Florida tax problem they created! The Florida House and Senate should have stayed home!!! They slapped together a plan worse than it’s predecessor and doesn’t fix a damn thing! Now, it’s up to voters on January 29th to decide on the latest misguided attempts at solving the FLorida property tax dilemma! WHAT DOES THE PROPOSAL SAY? The $25000 homestead exemption would increase to about $40000. This gives the average homeowner a $240 tax break. WOW!!!! The exemption is really $50,000 but the additional $25,000 exemption applies to the portion of a home’s value between 50K and ... Read Full Story

Gary Nikolits, Palm Beach County Property Appraiser, reminds homeowners that there is less than a month left to file for 2008 homestead exemption and portability benefits and has extended office hours for the next three weeks. Extended hours will be available at the service center on the first floor of the Governmental Center at 301 N. Olive Avenue in West Palm Beach, at 3188 PGA Boulevard in Palm Beach Gardens and 501 So. Congress Avenue in Delray Beach, and 200 Civic Center Way in Royal Palm Beach. These offices will be open from 7:30 am to 6 pm weekdays. Filing deadline for exemptions is ... Read Full Story