Friday, July 1, 2011

July 1, 2011 – Certification of Taxable Value released by Miami-Dade Property Appraiser Pedro Garcia . How will this affect your services and property tax rate?

Miami-Dade Property Appraiser Pedro Garcia released the July 1, 2011 – Certification of Taxable Value - property values to the County’s taxing authorities which include county government, the 35 municipal governments, School Board, Children’s Trust and the State regional districts.  The release of July 1m 2011 certification is the information used by the County, municipalities and various other taxing authorities in their various budget preparations for the 2011-2012 budgets.

Read more (click below) to review some city by city breakdowns as well as links taking you to the full chart covering all of the taxing authorities.

OK, for those too lazy to click and read more, Pinecrest led the South Dade rebound with an increase of 0.97%.  Cutler Bay had the best rebound from 2010 with a -0.61% drop South Miami was third with a -0.62% drop, and Palmetto Bay’s reduction in value is -1.28%. 

% of change

From 2010

  0.40%  Coral Gables   (estimated increase in taxable value)

-0.62%   South Miami

+0.97%  Pinecrest       (estimated increase in taxable value)

-1.28%   Palmetto Bay

-0.61%   Cutler Bay

-8.73%   Homestead

-5.47%   Unincorporated Miami-Dade

-2.76%   Miami-Dade County (Countywide) (affects all property taxpayer in Miami-Dade

             County regardless of which municipality or unincorporated area the property is


CLICK HERE to download and review the full comparison chart for each taxing district.  Provides much more detailed information for the partial listing above.

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