Ready for a real Halloween scare? Property tax bills are coming

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TAMPA BAY, FL – If you need a good Halloween scare, look no further than your mailbox.

The Pinellas County Collector’s Office will mail out property tax notices on Friday and the Hillsborough County Collector’s Office will do the same on Monday, November 1.

However, Hillsborough County Tax Collector Nancy C. Millan said her office was ready to accept payments online now.

Hillsborough County landowners also have the option of paying by mail or by appointment at a branch starting Monday, November 1.

“Property tax notices will be mailed November 1 and we encourage Hillsborough County property owners to take advantage of both online payment options and early payment discounts,” said Millan.

The earlier customers pay, the better the discount. If you pay before November 30, you get a 4% discount.

With the online option, homeowners can pay by credit card or electronic check, which is a free electronic payment from the owner’s checking account.

Homeowners can make partial payments for their 2021 property taxes, but certain restrictions apply.

Taxpayers also have the option of planning ahead and requesting the installment plan for tax season 2022, allowing them to pay their taxes in quarterly installments throughout the year while enjoying discounts.

If taxpayers choose to visit a branch to make a property tax payment, they will need to visit hillstax.org to register their spot online.

Hillsborough County has more than 560,000 parcels of property totaling approximately $ 2.4 billion in revenue for the 2021 tax season.

This year, the Collector’s Office returned $ 22.4 million in unused fees to the Hillsborough County Board of Commissioners and other county agencies.

“The excess of these funds is attributed to efficiency gains and cost savings based on the budget process established for many years,” said Millan.

Since 1998, the Hillsborough County Tax Collector’s Office has reimbursed unused fees annually, exceeding more than $ 334 million.

Meanwhile, the Pinellas County Tax Collector’s Office will send out the tax bills on Friday.

Homeowners who have opted out of receiving a traditional paper bill will receive their tax bill by email on November 1.

Property tax payments will also be accepted online for Pinellas County or at a tax collector’s office starting November 1.

November is one of the busiest months at the Pinellas Tax Collector’s office, both in person and on the phone. In total, there are 495,181 accounts totaling nearly $ 2 billion on the 2021 tax roll.

Collector Charles W. Thomas is encouraging customers to pay online this year. Customers can also avoid additional charges by selecting the electronic check payment option.

“The fastest and easiest way to pay this year is through our online payment portal,” Thomas said. “Our online services are always available, and we even have a new chatbot, Owen, to assist customers virtually 24/7. We understand that everyone’s time is precious and want to make this process as convenient as possible. for our citizens. “

The Pinellas County Tax Collector’s offices currently require an appointment for all services. However, customers making tax payments only will be accepted on a walk-in basis. Homeowners should inform the security guard that they are visiting for property tax payment purposes only to ensure that they are assisted accordingly.

From Monday, November 1, Pinellas property tax invoices can be viewed online and are searchable by owner name, address, and account or parcel number.

This year, the Pinellas County Tax Collector’s Office returned more than $ 10.6 million in unspent revenue to the Pinellas County Board of Commissioners and local tax authorities.

Hillsborough and Pinellas both offer a 4% rebate on property taxes paid in November. The discount drops to 3% in December, 2% in January and 1% in February. There is no discount for March payments.

Property taxes must be paid in full by April 1 to avoid late fees.

How property taxes are determined

Homeowners must pay property taxes based on the value of their home or business. These values ​​are determined by the real estate expert.

There are several tax authorities that have the legal authority to tax citizens for the services they provide. These include the county council of commissioners, school districts, the Southwest Florida Water Management District, incorporated towns, transportation authorities, community service districts and constitutional officers, including the tax collector, real estate appraiser, sheriff, court clerk and election supervisor.

The various tax authorities hold public hearings and establish a tax rate (or mileage) that allows them to collect the resources necessary for the functioning of their organizations for the coming year.

Once the proposed mileage rates are established by a vote of each of the tax authorities, the real estate appraiser sends a TRIM (Truth in Millage) notice to all owners. The TRIM notice provides an estimate of the value of that person’s property, lists all tax authorities, and provides a total property tax estimate for that owner.

TRIM notices are mailed in August before the budget is adopted in September. Each tax authority must either adopt the proposed budget or reduce it from there.

A mill is equal to $ 1 for every $ 1,000 of assessed property value. For example, on a property of $ 100,000, a factory would generate $ 100.

How does your county compare?

According to taxrates.org, the median property tax in Hillsborough County is $ 2,168 per year for a home with a median value of $ 198,900. Hillsborough County collects, on average, 1.09% of a property’s assessed fair market value as property tax.

Hillsborough County is ranked 376th out of 3,143 counties in median property tax order.

The average annual property tax paid by residents of Hillsborough County is about 3.38% of their annual income.

The median property tax in Pinellas County is $ 1,699 per year for a home with a median value of $ 185,700. Pinellas County collects, on average, 0.91% of a property’s assessed fair market value as property tax.

Pinellas County is ranked 640th out of 3,143 counties in median property tax order.

The average annual property tax paid by residents of Pinellas County is about 3.2 percent of their annual income.

To compare Pinellas and Hillsborough counties with property tax rates in other states, see the Property Taxes by State Map.

Derogations

Homestead properties are properties held as primary residences and must be granted a homestead exemption through the office of the real estate appraiser. Then the first $ 25,000 value of the property is not taxed.

With the adoption of amendment 1 in January 2008, an additional exemption will automatically be applied to the assessed value between $ 50,000 and $ 75,000. This does not apply to school taxes.

After being under homestead for one year, a homeowner may be eligible for the “Save Our Homes” cap, which caps that person’s property tax growth rate at 3% per annum or the rate of inflation ( whichever is lower).

There are other optional exemptions for residents with disabilities, widows and the elderly.

See the related story: Tax collector returns over $ 10.6 million in unspent fees


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