[Bill14564]

Originally Posted by NoMo50

What you are referring to is the Save Our Homes Act, which caps the annual increase in home assessed valuation at a max of 3%. But...in order for the SOHA to apply, the homeowner must have the Homestead Exemption in place. Further, the SOHA doesn't kick in until the second year following application of the Homestead Exemption. These taxing strategies are intended to help Florida residents. To get the benefit of the SOHA assessment cap, you must first have the Homestead Exemption. To get the Homestead, you must prove that you are a Florida resident.

While there were some minor changes in the millage rates in the ad valorem section of your Sumter County tax bill, the main culprit in any increase on your tax bill directly relates to increases in assessed valuation. For 2023, the amount of non-ad valorem items (bond, maintenance, fire assessment), remained fairly level.

The bottom line is: If you want to avoid year-to-year sticker shock at tax time, become a Florida resident. Apply for the Homestead Exemption, and the the SOHA will automatically kick in the second year. Oh...and then there is Portability, but that is a topic for another discussion.

Good explanation of SOHA. One of these days I need to get a better understanding of portability.... or maybe just not move.

Maintenance Fee increase 15% but that varies by District.
Sumter County Property Tax decreased slightly
The main culprit on my bill was a 17% increase in School Tax millage.