Look for your TRIM notice in the mail or go online to view it. I did. Before I discuss mine, look to see how your proposed bill will affect you and your family. TRIM Notices are sent to all property owners by August 24. The Notices include property values, exemption benefits, proposed taxes and budget hearing information.
The Office of the Property Appraiser urges you to read your TRIM Notice carefully (TRIM Notices are mailed at the end of August). Although the Notice states, “This is not a bill”, it reflects what your property taxes are likely to be on your November property tax bill.
The Notice contains very important information pertaining to your property taxes. CLICK HERE to start your own search for your current TRIM Notice.
At least one Palmetto Bay official has promised that the proposed increases will amount to mere pennies a day! It is far from it and it is not just this current budget cycle. Past relevant blog posts on the recent tax increases reveal that it is not just this year. Palmetto Bay has been going through a stealth Tax and Fee creep since December 5, 2018. CLICK HERE to read more.
"Pennies a day"? What does that mean? It means WATCHOUT!
The true meaning of "Pennies A Day":
The pennies-a-day offer is what consumer psychologists call “temporal reframing” of the price. A larger total expense that the consumer will incur once is converted into a series of small daily or ongoing expenses solely for the sales pitch.
Read: Psychology Today, The Powerful Influence of Pennies-a-Day Price Offers, When marketers quote prices in pennies-a-day terms, many consumers get hooked. by Utpal Dholakia Ph.D., Posted April 22, 2019
Why does pennies-a-day framing work?
The goal of the pennies-a-day price offer is to lower the price hurdle, making the shopper think about how much buying the item will cost them in terms of small daily chunks.
Did everyone come out way ahead on their finances in 2020 and into this 2021? Well Palmetto Bay officials want a cut of your recent financial windfall, whether you received one or not.
Keep an eye on the following high cost ticket items here in Palmetto Pay:
- Property Taxes
- Homeowners Insurance - Property, Windstorm & Flood
- Health Insurance costs
- Gas prices
- FPL Franchise fee (tax)
- Storm Water Fees
- Park User Fees
- and others
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