Tradewinds :: Vol. 19, #2

Page 6

EXPLAINING THE TAX BILL

AND CALCULATING YOUR PROPERTY TAXES

P

roperty owners in the City of Pompano Beach

hearings where you can voice your views on the proposed rates

should have received a “Truth in Millage” (TRIM)

and fees. Each taxing authority is required to hold two hearings

Notice by mid-August and will receive their tax bill

before they set the tax rates. Usually, for the City of Pompano

by November 1st. What do these two documents

Beach, both hearings are held each year in September, as the City

mean to you as a taxpayer? We’ve broken it down in a de-

must legally adopt a budget for the upcoming fiscal year (October

tailed explanation.

1st to September 30th) by October 1st of each year.

Let’s Start With the Trim Notice. What is it and What Information Does it Provide for Taxpayers?

Taxpayers may attend the City’s public budget hearings listed on

The TRIM law passed by the Florida Legislature in 1980, is

cerns to the City Commission. However, the City is only one of the

designed to inform property owners of their rights as tax-

seven other taxing authorities listed in your tax bill, which will be

payers. To protect the rights of taxpayers, the TRIM Notice

explained below. If Taxpayers have any questions about the as-

is mailed to all property owners each year in mid-August

sessed value of their property as reported on their TRIM notice or

and compares current year and prior year proposed mar-

their tax bill, they should contact the Broward County Property Ap-

ket value and assessed value of each property; tax-saving

praiser (BCPA) and discuss the matter with a Deputy Appraiser. If

exemptions, if any; and the tax amounts and special fees

BCPA is not able to quickly resolve the matter, the property owner

proposed by each of your various taxing authorities (City of

must file a petition with the Value Adjustment Board (VAB) by the

Pompano Beach, Broward Public Schools, Broward County

mid-September filing deadline. The same process applies if an

Commission, South Florida Water Management, etc.). The

exemption is missing from your property. Be mindful to consider

TRIM Notice also lists the locations and dates of the public

that the tax bill may increase for various reasons such as: loss of

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the TRIM Notice in order to communicate any questions or con-


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