Saturday, August 28, 2010

“Property Tax Bills On The Way” plus 2 more

“Property Tax Bills On The Way” plus 2 more


Property Tax Bills On The Way

Posted: 27 Aug 2010 08:21 PM PDT

POSTED: 8:11 pm MST August 27, 2010

UPDATED: 8:18 pm MST August 27, 2010

Those 2010 property tax bills will soon be in the mail.County officials said although home values have taken a dip, don't be surprised if your bill is higher than last year."We often hear from citizens wanting to know why their tax bills have gone up, even though the assessed value of their property has gone down and the answer is increased government spending," said County Treasurer Charles Hoskins.The first half of the taxes are due Oct. 1.The second portion is due in March.

This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php
Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent.

Property Tax Assessments Are No Reason To Panic

Posted: 27 Aug 2010 05:22 PM PDT

   Print     Share +   

Aug 27, 2010 6:00 pm US/Eastern

Property Tax Assessments Are No Reason To Panic

MIAMI (CBS4) ― It's a summer ritual for property owners statewide; the dreaded letter in the mailbox with the proposed property tax notices in it. Hundreds of thousands of South Florida home and condo owners probably have a lot of questions about the property tax notices that were just sent out.

While you might be depressed at first; it turns out if you know what to look for, about 45-55 % of property owners who appealed for lower bills to their to their local Property Appraiser or Property Value Adjustment Boards for lower bills actually won their cases.

This year's tax notices may have most homeowners scratching their heads wondering what's going on. So what's the problem?

Property taxes for hundreds of thousands of homeowners around South Florida are still rising even though home values are dropping. That's because of limited tax exemptions and increasing millage rates set by financially strapped local governments.

If your home was covered by the "Save Your Homes" Amendment, the so-called Homestead Exemption, it may allow the tax appraiser to actually raise your tax bill by about 2.7% to level out all those years it limited your liability while the housing market grew and property values skyrocketed.

So this year, it's more important than ever to double-check your property tax bill and look for any possible mistakes.

  • First: Make sure the tax notice has the correct address.
  • Next, check the square footage to make sure you're not paying for a bigger home than you have.
  • Look for all the exemptions listed on the notice to make sure you're getting all the tax credits you're entitled to.
  • Double-check what comparable properties are selling for in your neighborhood..to make sure you home is not being over-valued.

The deadline to appeal is September 20th.

And there's also something else new this year: By state law, if you're home is being repaired for Chinese drywall problems, let you property appraiser's office know about it.

You may not be responsible for any taxes on your home or condo, just the value of the unimproved property itself.

Both Miami-Dade and Broward's tax appraisers office recommends against paying any money up-front to anyone promising to lower your tax bill. They say in most cases, you can do it all yourself.

Remember, the deadline to file an automatic appeal is September 20th!

If you miss the deadline, you may not be able to qualify to file an appeal this year and may end up with a bigger tax bill than you should.

For More Information about your Tax Notices and Appealing your Tax Bill, try these links to the local Tax Appraiser's Offices:


(© MMX, CBS Broadcasting Inc. All Rights Reserved.)

This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php
Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent.

Property tax levy lowered

Posted: 27 Aug 2010 11:28 PM PDT

For the second year in a row, the Cole County Commission reduced the property tax levy for the general fund.

On Thursday, commissioners approved a rate of 11.76 cents for each $100 of assessed property value.

This is a 66 percent reduction from the 33.47-cent rate in 2008, or more than $2.8 million in lowered property taxes.

Read the full article in our newspaper or e-Edition for Friday, Aug. 27, 2010.

pencil ad

Before commenting read the News Tribune Forum's policies and procedures.
Thanks.

This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php
Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent.

0 comments:

Post a Comment