Is Your Property's Assessed Value too High?

Florida property taxpayers are turning their attention to appealing unfair property tax evaluations. Only valuations -- and not tax bills -- are subject to appeal.

Typically, taxpayers look at the "bottom line" and react based on the projected dollar amount of taxes. After the legislative increase of the homestead exemption local government revenues dropped in 2007, many property tax bills in Florida will appear lower. Confusion reigns because while tax bills may be lower, valuations have increased an average of 15 percent.

Again, tax appeal filing deadlines vary from county to county, But all appeals must be filed within 25 days of mailing of notices of proposed taxes for the year.The 25 days starts to run on the date of mailing of the notice of proposed taxes.Don't procrastinate, as any time extensions are not authorized by statute. For more information in Broward County, visit the Property Assessor's website: http://bcpa.net/value.asp