Brevard County Property Appraiser‘s FAQ page is your go-to resource for answers to all your property-related questions. Whether you’re a homeowner, real estate professional, or simply curious about property matters in Brevard County. We’ve compiled a comprehensive list of frequently asked questions to assist you on your property journey.
FAQs
How is my property tax calculated?
Your tax bill, sent by the tax collector each November, is calculated by multiplying your property’s appraised value (estimated value minus limits and allowances) by the tax rate (mileage) set by each taxing jurisdiction in which your property is located. . lying down. This part of your tax is the “ad valorem” part, which means “value-based”; It depends on the appraised value of your property.
Another part of your tax bill is based on charges rather than values. This part of your tax bill may include solid waste collection and disposal fees, stormwater assessments, special assessments, and other taxes that may be levied on your property that are not based on the value of your property.
Who decides the amount of my property tax each year?
The tax rate (mileage) is set by the various tax agencies, including the county commission, cities, school boards, and special districts, all of which have the legal authority to levy taxes on real estate and tangible movable property to fund their operations and provision of services.
As part of their budgeting process, these tax authorities set mileage rates based on determining the services needed. The cost of those services. You determine the rate by dividing your total budget by the appraised value of all properties in the tax district.
How soon will I know what my property tax will be?
The real estate specialist issues a TRIM notice to all homeowners as required by law, in August of each year. This notice is very important. You can recognize it by the words “DO NOT PAY – THIS IS NOT AN INVOICE” on the envelope and document.