Q: When are property taxes due in Sumter County for the current fiscal year?
A: Property taxes are due March 31st, but early payment discounts are available: 4% in November, 3% in December, 2% in January, and 1% in February. Taxes become delinquent April 1st with penalties applied.
Q: What tax credits are available and do they require application?
A: The $50,000 homestead exemption requires application by March 1st. Additional credits include Senior Exemption (up to $15,000 for qualifying seniors), Disability Exemption, Veterans Disability Exemption, and Widow/Widower Exemption. ALL require separate applications and proof of eligibility.
Q: How does the Homestead Exemption work?
A: Homestead provides two benefits: up to $50,000 reduction in assessed value, and the Save Our Homes assessment cap limiting annual assessment increases to 3% or CPI, whichever is lower. You must file Form DR-501 by March 1st of the year following purchase.
Q: When are properties reassessed and how do I appeal?
A: Properties are assessed annually as of January 1st. Assessment notices are mailed by July 1st. You have 25 days from the notice date to file a petition with the Value Adjustment Board. Contact the Property Appraiser at (352) 689-4400 to discuss your assessment first.
Q: What are the penalties for late payment?
A: After March 31st, penalties are: April 1st adds 3%, May 1st adds 10%, June 1st adds 15%. If taxes remain unpaid by June 1st, a tax certificate is sold and the property may eventually face tax deed sale.
Q: Can I pay property taxes online?
A: Yes, Sumter County offers online payment through the Tax Collector's website at www.sumtercountytaxcollector.com. Credit cards, e-checks, and bank transfers are accepted, though processing fees may apply.
Q: Why did my tax bill increase if my millage rate stayed the same?
A: Tax bills can increase due to rising property assessments, loss of exemptions, completion of new construction, or addition of special district taxes. The Save Our Homes cap limits increases to 3% annually for homesteaded properties, but non-homesteaded properties face unlimited assessment increases.
Q: What special district taxes might apply to my property?
A: Sumter County has numerous Community Development Districts (CDDs), Municipal Service Benefit Units (MSBUs), and other special districts that can add 5-15 mills or more to your base tax rate. These fund infrastructure improvements, landscaping, amenities, and bond debt service in specific communities like The Villages.
