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Updated 2025 Tax Year

Citrus County
Property Tax Guide

Everything you need to know about property taxes in Citrus County, FL. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
6.9898 mills base county rate (varies significantly by location due to special taxing districts)
1st Due
Nov 1
2nd Due
Mar 31
Exemptions
6+ Available
Section 1

How Property Tax Works

Citrus County, Florida operates on a property tax system that funds essential local services including schools, emergency services, infrastructure, and county operations. Property taxes are assessed annually based on the assessed value of real estate as of January 1st each year, with taxes becoming due on November 1st and payable through March 31st of the following year.

The effective property tax rate in Citrus County varies significantly by location within the county due to different combinations of special taxing districts. While the county's general fund millage rate is 6.9898 mills for 2025, property owners may also pay additional taxes for school districts, municipal services, fire districts, library districts, and other special assessments depending on their property's location. Total effective rates typically range from approximately 12-20 mills countywide, though specific rates depend on which taxing districts serve each individual property.

Property taxes in Citrus County are paid in arrears, meaning the taxes billed in November are for the previous tax year's services. The county offers early payment discounts for those who pay before the March 31st deadline, with the largest discounts available for November and December payments.

Section 2

What Makes Up Your Tax Bill

Taxing AuthorityRate (Mills)DescriptionLevy Year
Citrus County General Fund6.9898Basic county services, administrationFY 2025
School DistrictVariesPublic education fundingFY 2025
MunicipalVariesCity services (where applicable)FY 2025
Fire DistrictsVariesEmergency fire/rescue servicesFY 2025
Library DistrictVariesPublic library servicesFY 2025
Hospital DistrictVariesPublic health servicesFY 2025
Water ManagementVariesRegional water managementFY 2025

Note: Actual tax rates vary significantly by property location within Citrus County based on which special taxing districts serve the area. School district rates, municipal rates (for incorporated areas), and various special district assessments will be added to the base county rate. Property owners should verify their specific millage rate combination by checking their TRIM notice or contacting the Tax Collector's office, as total rates can range from 12-20+ mills depending on district combinations.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Citrus County, property taxes are due in two installments:

First Installment
Nov 1
Delinquent after Dec 10
Second Installment
Mar 31
Delinquent after Apr 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Citrus County are additional property tax assessments that occur when there are mid-year changes to a property's assessed value. The most common triggers include change of ownership, completion of new construction, additions or major improvements to existing structures, or corrections to the original assessment that increase the property's taxable value.

When a supplemental assessment is issued, it covers the period from the effective date of the change through the end of the current tax year. The supplemental tax is calculated by applying the current year's tax rate to the difference between the new assessed value and the previous assessed value, then prorated for the remaining months in the tax year.

For example, if a property owner completes a $100,000 home addition in July and the total millage rate is 15 mills, the supplemental tax would be calculated as: ($100,000 ÷ 1,000) × 15 mills × 6/12 months = $750. This supplemental bill would be issued separately from the regular November tax bill and would have its own payment deadline, typically 30 days from the issue date.

Example Calculation

Example 1: $300,000 Home with Homestead Exemption

  • Market Value: $300,000
  • Homestead Exemption Applied: -$50,000
  • Net Assessed Value: $250,000
  • Estimated Total Millage Rate: 15.0 mills
  • Annual Property Tax: $250,000 × 0.015 = $3,750
  • Monthly (if escrowed): $312.50

Example 2: $600,000 Home with Homestead Exemption

  • Market Value: $600,000
  • Homestead Exemption Applied: -$50,000
  • Net Assessed Value: $550,000
  • Estimated Total Millage Rate: 15.0 mills
  • Annual Property Tax: $550,000 × 0.015 = $8,250
  • Monthly (if escrowed): $687.50

Example 3: $1,000,000 Investment Property (No Homestead)

  • Market Value: $1,000,000
  • No Exemptions Applied: $0
  • Net Assessed Value: $1,000,000
  • Estimated Total Millage Rate: 15.0 mills
  • Annual Property Tax: $1,000,000 × 0.015 = $15,000
  • Monthly (if escrowed): $1,250.00

Important Notes: Homestead exemption requires annual application and only applies to primary residences. The 15-mill rate is estimated - actual rates vary by location within Citrus County based on special district combinations. Save Our Homes assessment cap (3% annual increase limit) also requires homestead filing and provides additional tax savings over time.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Citrus County require property tax escrow accounts for borrowers with less than 20% down payment, though some lenders mandate escrow regardless of down payment amount. Your lender collects monthly payments equal to your annual property tax divided by 12, plus an additional cushion amount (typically 2-3 months of payments) to ensure sufficient funds are available when taxes become due.

Property tax payments from escrow accounts are typically made by lenders in November or December to take advantage of early payment discounts. Lenders must provide annual escrow analysis statements showing the previous year's activity and any adjustments needed for the coming year. If your property taxes increase due to rising assessments or millage rate changes, your lender will adjust your monthly escrow payment accordingly.

Property owners should verify that their lender is paying property taxes correctly and on time, as the property owner remains ultimately responsible for tax payments even when using escrow. You can verify payments through the Citrus County Tax Collector's online portal or by calling their office. If you pay off your mortgage or refinance, ensure there are no gaps in tax payment responsibility during the transition period.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Citrus County for the current fiscal year? A: Property taxes become due November 1st each year and must be paid by March 31st. Early payment discounts are available: 4% discount in November, 3% in December, 2% in January, and 1% in February.

Q: What is the homestead exemption and how do I apply? A: The homestead exemption reduces your assessed value by up to $50,000 for your primary residence. You must apply through the Property Appraiser's Office at (352) 341-6600. This is not automatic and requires annual filing. Additionally, homestead filing enables Save Our Homes benefits, which cap assessment increases at 3% annually.

Q: What other tax credits or exemptions are available in Citrus County? A: Additional exemptions may include senior exemptions, disability exemptions, veteran exemptions, and agricultural classifications. Each requires separate application through the Property Appraiser's Office with specific eligibility requirements and deadlines. Contact (352) 341-6600 for details on available programs.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Citrus County Value Adjustment Board, typically by July 15th each year. You can file online, by mail, or in person. You'll need comparable property sales data or other evidence supporting your claim that the assessed value is too high.

Q: What happens if I pay my property taxes late? A: Properties become delinquent April 1st if taxes remain unpaid. Interest and penalties accrue monthly, and properties may eventually be sold at tax deed sales if taxes remain unpaid for extended periods.

Q: Can I pay my property taxes online? A: Yes, Citrus County offers online payment options through the Tax Collector's website. You can pay by electronic check or credit card, though credit card payments may include processing fees.

Q: Why did my property taxes increase this year? A: Property tax increases result from higher assessed values, increased millage rates, or new special district assessments. Homestead properties with Save Our Homes protection are limited to 3% assessment increases annually, while non-homestead properties can increase to full market value.

Q: Do I pay different rates depending on where I live in Citrus County? A: Yes, total tax rates vary significantly based on your property's location and which special taxing districts serve your area. Properties may be subject to municipal taxes, various fire district taxes, library district taxes, and other special assessments depending on location.

Q: What is Save Our Homes portability? A: Florida residents who have claimed homestead exemption can transfer up to $500,000 of their Save Our Homes assessed value benefit when moving to a new primary residence in Florida. This must be applied for through the new county's Property Appraiser within specific timeframes.

Q: How are new construction and improvements taxed? A: New construction and major improvements may trigger supplemental tax assessments during the year. The additional tax is prorated based on when the improvement was completed and becomes part of the regular assessment going forward.

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