Quote:
Originally Posted by DrMack
Sorry it cant be, but nice try. The assessment can’t legally be raised by more than 3%. It’s Florida law. If a tax is based on a property parcel number, the tax can’t be raised by more than 3% per year.
“ Moreover, Florida law stipulates that the total amount of property taxes collected by each taxing authority cannot increase by more than 3% or the inflation rate, whichever is lesser, unless voters approve an increase.”
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The 3% limit ONLY applies to the "ASSESED VALUE" of your homestead property in the Ad Valorem portion of your tax bill. It does not apply to the "MILLAGE RATE" or any of the "NON-AD VALOREM ASSESSMENTS". In 2019, the Sumter County millage rate was legally increased by 25%.