Broward County Property Appraiser
Lori Parrish has fielded the question...
Posted on Sun, Sep. 16, 2007
BY MARTHA BRANNIGAN
Broward County Property Appraiser Lori Parrish has fielded the question ''values
are dropping this year, so why did my assessment go up?'' from property owners so
often that she's posted an explanation at the top of her homepage.
The answer: Assessments are fixed as of Jan. 1, 2007, based on the market value of
similar properties sold between Jan. 2, 2006 and Jan. 1, 2007.
That means some South Florida property owners will be paying taxes based on
valuations that they could only dream of selling their properties for amid the current
''As of Jan. 1, it's accurate, but it may not reflect the resale value today,'' says
Marcus Saiz de la Mora, the acting Miami-Dade Property Appraiser.
Now as South Florida property owners pore over the Truth in Millage, or TRIM tax
assessment notices, sent in August to see what their tax bills will be, many are
angry and confused.
With the housing market in a tailspin with weak sales and slumping prices, the
Florida legislature passed a property tax cut in June amid promises of big tax relief.
And yet tax bills -- which will be mailed to property owners by
Nov. 1 -- are poised to come down only modestly -- $200 to $300 on average for
homesteaded properties in Miami-Dade, according to the Miami-Dade Property
Some owners who aren't eligible for a provision called Save Our Homes that caps
assessed value increases on homesteaded properties at no more than 3 percent
annually, are getting hit with big tax increases.
''We're going nuts because everyone is calling,'' says Robert Mendez, president of
Florida Property Tax Services in Coral Gables, one of many firms in the region that
specialize in handling property owners' appeals to the Value Adjustment Board, an
independent panel under the county clerk's office that can overrule the property