city of apopka: Property Taxes - Investment vs. Homestead
- 08/25/09 02:38 AM
In the last newsletter, I wrote about the City of Apopka proposing a tax hike. (You can read it here.) What's more interesting is that TRIM (Truth in Millage) Notice that was just sent out shows this increase in both sections whether there is a proposed budget change or no budget change. So, I guess they'll have their public hearings, but really do they mean anything? Now I must admit that I'm thrilled with the several hundred dollar savings that I'm noting in investment properties. On the other hand, many people that have lived in their home for a while will … (2 comments)
city of apopka: City of Apopka Proposes a Tax Hike
- 07/24/09 01:08 AM
The City of Apopka is raising the millage rate, but because of governmentese it is called a rate rollback. The reason they can do this is the municipality can raise the rate so that they can continue receiving the same amount of funds as in the previous year. The current rate is 3.5168 mils and the proposed rate is 4.1115, an almost 17% increase.
According to a city official that I spoke with he stated that we should not pay more since property values have gone down in the past year. This may be so in some instances, but not … (2 comments)
This blog is an avenue to relate information and sites that may be of interest to you in regard to real estate. There will be miscellaneous meanderings about me and opinions in regard to Central Florida and Orlando homes for sale and real estate in particular.
Get great free widgets at Widgetbox!
In the last newsletter, I wrote about the City of Apopka proposing a tax hike. (You can read it here.) What's more interesting is that TRIM (Truth in Millage) Notice that was just sent out shows this increase in both sections whether there is a proposed budget change or no budget change. So, I guess they'll have their public hearings, but really do they mean anything?
;)
;)
