DOR releases 2012 'Save Our Homes' Change
Union County Property Appraiser has announced that the Annual Assessment
Change applicable to Save Our Homes properties has been officially released by the Florida
Department of Revenue. This is the rate that determines the annual increase in assessed value
of homestead properties that are capped under Save Our Homes when their assessed value is
less than their market value. For 2012 the rate is 3%. This is commonly referred to as "recapture".
Time to File for New Exemptions
January 1st is the beginning of the period in which you must file applications for any property tax exemptions for which you may qualify. The various exemptions available are explained on our Exemptions page. If you have any questions about exemptions, please give us a call at 386-496-3431.
This is also the time to file for agricultural classification of property. If you are using your property primarily for a good faith commercial agricultural purpose, you should file an application for the agricultural classification.
The application period runs through March 1st.
