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.