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What is a trim letter?

Truth in Millage (or TRIM) is the process that invites the public to participate in the local process of levying ad valorem (property) taxes. Every August, the Property Appraiser mails the Notice of Proposed Property Taxes to each property owner within the county.

What is the trim notice on Orange County property appraiser?

The TRIM notice tells you the taxable value of your property. Taxable value is the just value less any exemptions.

What is the value adjustment board in Florida?

County Value Adjustment Board (VAB) The VAB hears appeals regarding exemptions, classifications, property assessments, tax deferrals, homestead portability, and change of ownership or control or and qualifying improvement determinations.

What is the homeowners exemption in Orange County tax Assessor?

If you own and occupy your principal place of residence on January 1, you may apply for a Homeowners Exemption that will exempt $7,000 of your homes assessed value from taxation.

What is a Florida trim notice?

This law is designed to inform taxpayers which governmental entity is responsible for the taxes levied and the amount of tax liability taxpayers owe to each taxing authority. The property appraiser sends this information, known as the TRIM notice, to the property owner.

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