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PROPERTY TAX VOTE
On October 29, 2007 the legislature concluded Special Session D to deal with property tax reform and presented its plan which includes:
*Ensuring Save Our Homes portability, up to
$ 500,000 (reduced from $ 1 Million).
*Doubling the $ 25,000 homestead examption.
*Tangible personal property exemption of
$ 25,000 (for businesses).
*10% cap on assessments for non-homesteaded property.
School taxes are exempt from all of the above amendments.
This is expected to save the average homeowner about $ 250.00
Each and every one of us needs to read this amemendent to see if this really helps us or hurts us.
There are quite a few locations you can find the information just do a GOOGLE search for for Florida Property Tax!!!
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