The office of the Property Appraiser establishes the value of the property. The Board of County Commissioners, School Board, City Councils and other levying bodies set the millage rates. One mill equals $1.00 per $1,000.00 of property value. Using these values and allowing for exemptions, the tax roll is completed by the Property Appraiser and approved by the Department of Revenue.

Ad Valorem Tax = (Assessment - Exemptions) X Millage Rate(s)

Tax statements are mailed on or about November 1st each year. Discounts are available for early payment (see Discount Periods). Taxes become delinquent on April 1st, at which time interest and advertising is added to the gross tax. For real estate, the interest is 3% for April and May, plus advertising of $6.00. If real estate taxes remain unpaid, a Tax Certificate Sale is held on or before June 1st (See Tax Certificate Sale). For personal property taxes, the interest is 1.5% per month, plus a $2.00 late fee and advertising of $3.00. If personal property taxes remain unpaid, a warrant may be issued authorizing the tax collector to levy and seize personal property which may then be sold at a public auction to satisfy the unpaid taxes.

Tangible Personal Property (FAQ): Tangible Personal Property consists of equipment used in conducting a business, such as machinery, office equipment, furniture and fixtures. In addition, all attachments to a mobile home (Mobile Home Frequently Asked Questions), such as an air conditioner, cabana, screened porch, utility room and carport are classified as Tangible Personal Property. Businesses must file an annual Personal Property Tax Return with the Property Appraiser which lists the furniture and equipment being used by their business or in their rental property. If a business fails to file their annual tax return, a non-discountable assessment penalty is added to their tax bill. Contact the Property Appraiser at (941) 748-8208 concerning other penalties that may be assessed based upon an incomplete tax return.