Central Florida property taxes on their way up?

By
Real Estate Agent with Sand Dollar Realty Group, Inc. BK627826

Central Florida governments continue to cry how broke they are and how their budgets are cut to the bone?  I am sure in some governments this is the case but in many it is just typical propoganda to try and justify their bloated budgets.

The latest news is that several cities, counties, and school boards are talking about millage increases.  Orlando Sentinel article on the tax increases.

The Orange County schools are proposing an 11% increase along with an additional 1 Mil increase on the November ballot.  The City of Edgewood is proposing a whopping 42% increase.

After all property values have fallen so much that they are down to 2005 values according to the Orange County property appraiser.  What they fail to mention is that 2005 was the height of the boom.  Values are still very high and budgets are still at astronomical levels compared to years past.

So as you receive your annual Truth In Millage Notices (TRIM) regarding your property tax bill just keep this in mind.  You are permitted to attend the budget hearings and voice your concerns.

 

 

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Topic:
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Location:
Florida Orange County
Groups:
Orlando Real Estate
Florida Realtor® Network
Central Florida
Central Florida Real Estate & Investments
Florida Real Estate Investors
Tags:
orange county property tax increases
central florida property tax increases

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Respect Realty LLC
Respect Realty LLC - Milwaukie, OR
Brokers - Oregon / SW Washington Real Estate

I think no matter where you are in the country if the citizens have to cut back so should government.

Aug 25, 2010 08:05 PM #1
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Rob Arnold

Metro Orlando Full Service - Investor Friendly & F
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