Melbourne Area Blog

September 20th, 2007 10:03 AM

What is going on?

Most of Brevard's homesteaded property owner's showed a higher tax bill than last year.

Why?

Although the market value of most homes dropped this year, the taxable value of the property increased. This is because Save Our Homes allows for an increase up to 3% in taxable value if the assessed value is lower than the market value.

 

 

 

Posted by Sandy Legere on September 20th, 2007 10:03 AMPost a Comment (0)

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