ARE BIG PROPERTY VALUE INCREASES GOING TO MEAN BIG TAX INCREASES?

/ Categories: Research, Taxes, Budget/Approps

Florida’s housing market is raging, with growth in property values not seen since the housing bubble. Property appraisers certified the state’s taxable value for 2022 on July 1 and these values are currently being used by local governments and school districts in setting new property tax rates and developing budgets for FY 2022-23. The growth in property values has set the stage for what could be significant tax increases for Florida’s citizens and businesses.

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Are Floridians Ready to Go Back to School? Not Without More Teachers...

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ARE BIG PROPERTY VALUE INCREASES GOING TO MEAN BIG TAX INCREASES?

ARE BIG PROPERTY VALUE INCREASES GOING TO MEAN BIG TAX INCREASES?

Florida’s housing market is raging, with growth in property values not seen since the housing bubble. Property appraisers certified the state’s taxable value for 2022 on July 1 and these values are currently being used by local governments and school districts in setting new property tax rates and developing budgets for FY 2022-23. The growth in property values has set the stage for what could be significant tax increases for Florida’s citizens and businesses.

Read more
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