A Property Tax Appeal is a formal complaint against the assessed value of your property.

Your property’s assessment is one of the factors used by your local governments and school district to determine the amount of your property taxes. A property’s assessment is based on its market value. Market value is how much a property would sell for under normal conditions.

The price at which a property would sell if offered for sale under ordinary circumstances. Market value is usually determined by comparison with similar homes.

To calculate the amount you pay in property taxes; -multiply your property’s assessment (your assessment minus any exemptions) by the tax rates issued by your school district, municipalities, counties and special districts. Your tax bill can change each year due to changes in your school district or local government budgets, revenue, total assessed value and tax rates. Changes in your assessment or exemptions can also impact your tax bill. Property tax bills Tax bill calendars differ in different counties, as well as some cities. Rather than receiving tax bills, those who have their property taxes held in escrow receive receipts.

Your property taxes (assessment) which appear on your tax bill, are multiplied by the tax rates to determine what you pay in taxes. Tax rates generally increase every year, so even if your assessment remains unchanged, your taxes increase.

As a homeowner, you are entitled to file a Property Tax Appeal at your counties Property Appraisers Office and the Value Adjustment Board (VAB). If a petition is filed, the VAB will schedule a hearing in front of a Special Magistrate to determine if your property is overvalued for tax purposes.

Broward – August 9th, 2021 – September 20th, 2021
Miami Dade – August through September 20th, 2021