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Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $100,000 would be taxed as though it was worth only $50,000. However, the second $25,000 of homestead coverage does not apply to the school portion of property taxes, and only applies to the third ...
Miami commissioners on Thursday voted to reduce the property tax rate to the lowest level since the 1960s.
A lower tax rate would still mean a slightly higher property-tax bill. But it’s rare for rates to drop in Miami-Dade County.
A constitutional amendment to exempt properties under perpetual conservation protection from property tax [165] Passed [162] 4,875,162 (68.56%) 2,235,969 (31.44%) Amendment 6 A constitutional amendment modifying property tax exemptions for waterfront properties [166] Passed [162] 4,983,313 (70.63%) 2,072,041 (29.37%) Amendment 8
2022 Florida Amendment 3 was a proposed amendment to the Florida Constitution, which failed on November 8, 2022.Through a statewide referendum, the amendment achieved only 58.7% support among voters in the U.S. state of Florida, short of the 60% majority required by state law, [1] although higher than the 2006 amendment which created the 60% requirement.
Miami-Dade Mayor Daniella Levine Cava knows county residents are in a severe financial squeeze as inflation bears down on them — and she’s proposing to ease the pain.
Miami-Dade County Mayor Daniella Levine Cava prepared a 2023 budget with a 1% cut in property-tax rates, which was less than the 3% reduction sought by other elected officials as property values ...
Miami-Dade County commissioners on Tuesday endorsed rate cuts on four property taxes for the first time in 10 years, voting to set a rate ceiling that’s 1% lower than current levels.
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