How Property Tax Works
Property taxes in Broward County, Florida serve as the primary funding mechanism for essential local services including public schools, law enforcement, fire protection, libraries, parks, and county operations. The Broward County Property Appraiser's Office assesses all real property annually as of January 1st, while individual tax collectors handle billing and collection. Florida's "Save Our Homes" amendment provides significant protection for homestead properties by capping annual assessment increases at 3% or the Consumer Price Index, whichever is lower.
Broward County property owners can expect effective tax rates ranging from approximately 1.2% to 2.5% of assessed value, depending on municipal location and special district assessments. The 2025 countywide tax rate is set at 5.2396 mills (0.52396%), but total rates vary significantly based on school district levies, municipal taxes, and special assessments for services like water management, fire districts, and community development districts. Homestead exemption benefits can reduce taxable value by up to $50,000, providing substantial savings for primary residents.