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Miami commissioners on Thursday voted to reduce the property tax rate to the lowest level since the 1960s.
So if you were eligible for the state’s property tax exemption and have a $150,000 home, once you crunched the numbers with a property tax calculator, the property taxes would possibly be ...
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-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.
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
Tax rates would stay the same for property owners in the $12.7 billion budget proposal Miami-Dade County’s mayor unveiled Monday, with the county’s spending quickly outpacing revenue ...
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 A constitutional amendment allowing localities to levy property taxes for the purpose of community college funding [167] Failed [162] 3,210,481 (43.55%) 4,161,731 (56.45%)
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.
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