< Back to Tax Talk Issue Directory
< Back to Current Tax Talk Issue

It’s Coming . . ., the Notice of Proposed Property Taxes

Most people ignore the Notice of Proposed Property Taxes, not realizing its significance.  The Property Appraiser sends property owners the Notice of Proposed Property Taxes, also referred to as a Truth In Millage (TRIM) Notice.  The TRIM Notice is important because it identifies the deadline and provides instructions for filing a challenge to your proposed property values.  

The Notice of Proposed Property Taxes explains any proposed changes in the millage rate of each taxing authority and informs property owners of their property’s assessed value.  It also gives you an opportunity to review budgets and tax rates with the taxing authorities who levy them.  The back of the notice provides additional detailed information and explanations.  The Notice of Proposed Property Taxes are mailed mid August (usually by the third week).

Property value is only one component of the equation to determine property taxes.  Once the assessed value is determined, exemptions are subtracted and then taxable value is multiplied by the millage rate (or multiplication factor).  Each entity, or taxing authority, that has a right to collect taxes on your property, determines this rate.  Palm Beach County has 96 taxing authorities.  Property owners may provide input at taxing authorities’ public hearings to adopt a tentative budget and millage rate (usually held in September).  Review your Notice of Proposed Property Taxes closely to find contact information for the taxing authorities applicable to your property.

“Be sure to verify your address on the Notice of Proposed Property Taxes and report any corrections to the Property Appraiser’s Office.  By following this guideline, you will help to ensure proper delivery of your Tax Notice in November,” states Tax Collector Gannon. 

< Back to Tax Talk Issue Directory
< Back to Current Tax Talk Issue