Q: When are property taxes due in Seminole County for FY 2024-2025?
A: Property taxes are due November 1st annually. Early payment discounts are available: 4% discount in November, 3% in December, 2% in January, and 1% in February. Taxes become delinquent on April 1st with penalties and interest applied.
Q: What homestead tax credits are available and do I need to apply?
A: The standard homestead exemption removes up to $50,000 from your assessed value and caps annual assessment increases at 3%. You MUST file an application with the Property Appraiser's office by March 1st. Additional credits include Senior Exemption, Disability Exemption, and Veterans' Exemption - all requiring separate applications.
Q: How does the homestead credit actually work?
A: The homestead credit doesn't reduce your property's market value, but rather caps how much your assessed value can increase each year (maximum 3% under Save Our Homes). It also provides up to $50,000 in exempted value. This is NOT automatic - you must apply by March 1st of the year you want coverage.
Q: What happens if my property assessment seems too high?
A: You can file a petition with the Value Adjustment Board between filing deadline and July 18th. The Property Appraiser mails Truth in Millage (TRIM) notices in August showing proposed taxes, giving you another opportunity to appeal before final tax bills are set.
Q: What are the penalties for late property tax payments?
A: Taxes become delinquent April 1st, with 3% interest charged immediately, then 1.5% per month thereafter. If unpaid for two years, the property may be subject to tax certificate sale, and after seven years, potential tax deed sale.
Q: Can I pay my property taxes online?
A: Yes, Seminole County offers online payment through the Tax Collector's website at seminoletax.org. You can pay by bank transfer, credit card, or debit card, though convenience fees may apply for card payments.
Q: Why do I pay different rates than my neighbor?
A: Tax rates vary based on your property's location within different special taxing districts. Properties in incorporated cities pay municipal taxes, while unincorporated areas may pay fire district taxes. Additionally, some areas have library districts, hospital districts, or other special assessments.
Q: If I recently moved to Florida, when can I apply for homestead exemption?
A: You must establish Florida residency and make the property your permanent residence by January 1st to qualify for homestead exemption that tax year. Applications must be filed by March 1st with the Seminole County Property Appraiser's office, and you'll need to provide documentation proving residency such as voter registration and driver's license.
