Quote:
Originally Posted by Bill14564
Homestead subtracts $25K or $50K from the taxable value before applying the millage rate. Save Our Homes limits taxable value increases to 3% per year. Neither limits the tax rate.
On day 1, a new resident and a new snowbird will pay the same. By year 2 the full time resident should be paying less.
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That's exactly what I said...