2018 Preliminary Property Tax Values

2018 Preliminary Property Tax Values

2018 Estimate of Taxable Values

From Mary Kiar, Broward County Property Appraiser

The preliminary 2018 property values will be posted on BCPA.net on June 1. This will be your first opportunity to review your 2018 property value and contact the office if you believe the just value to be inaccurate. This is important because the amount of property taxes that you will be asked to pay is based on the relationship between the tax rates set by your local taxing authorities and the assessed value of your property as determined by the BCAP office.

Florida law requires our market values be one year in arrears meaning we use the qualified sales of comparable properties from January 1, 2018 back through January 2, 2017 for the 2018 property values. If you purchased your property in 2018, your 2018 purchase price will be used in setting your property’s 2019 market value. For questions regarding your residential property, please call 954-357-6831.  BCPA will be mailing the 2018 TRIM (proposed tax) Notices to all Broward property owners in mid-August. This notice will show your property’s 2018 market value, assessed value, exemptions and proposed tax rates as set by the various taxing authorities.

Did You Have Homestead Exemption on One Home and Purchase Another?

If you had Homestead Exemption on a property in 2016 or 2017 and have purchased a new permanent residence in Florida, please make sure you have applied for both Homestead Exemption and Portability at your new residence. Portability allows you to transfer the “Save Our Homes” savings you built up by having Homestead Exemption on any Florida property to another Homesteaded property in Florida. To transfer the Save Our Homes benefit, you must establish a Homestead Exemption at the new home within two years of January 1 of the year you sold or moved from the old homestead (not two years of the sale or move date).

Note: A Portability application transfers the savings you have earned, but it does not automatically transfer your Homestead Exemption. You must apply for both Homestead Exemption on your new home and complete a Portability application. The Portability application can be found on at www.bcpa.net/Forms/DR501T2009.pdf.

For questions regarding Homestead Exemption, Portability or any of the available tax-saving exemptions, please call Broward County Property Appraiser Customer Service representatives at 954-357-6830.

Important Future Dates:

Friday, June 1

  • Deadline to submit the required documentation for the additional Senior Citizen Exemption.
  • Proposed property values for the new tax year are first posted online.

July 2:

  • Denial notices of timely-filed exemptions and agricultural classifications are mailed.
  • Property Appraiser submits the proposed tax roll for review to the Florida Department of Revenue.

August 1:

  • Deadline for filing an appeal petition to the Value Adjustment Board (VAB) on denied exemptions and agricultural classifications.

August 10:

  • The Property Appraiser mails Notices of Proposed Taxes (also called a TRIM Notice) to all property owners.

September 18:

  • Last day to file a 2018 petition with the VAB to challenge your 2018 assessment.
  • Absolute last date to Late File a complete application with the Property Appraiser for any exemption or agriculturual classification for the current calendar year.

First Week of November:

  • Revenue Collector mails the tax bills to property owners of record.