Real Estate (Ad Valorem) Taxes
The Truth in Millage (TRIM) process establishes the statutory requirements that all taxing authorities levying a millage must follow, including all notices and budget hearing requirements. The purpose of the Truth in Millage law is to require full disclosure by taxing authorities to the taxpayers and to the general public of the rates and amount of taxes, prior to levying the taxes.
The millage rate is a rate established per $1,000 of assessed taxable value. Each taxing authority sets their millage rate. A property tax millage rate of 3.5 mills, for example, would mean property with a taxable value of $100,000 would pay $350 in property taxes. The taxable value is the assessed value minus exemptions. An exemption is the amount that state law determines should be deducted from the assessed value of property for tax purposes. Some examples of exemptions include homestead, senior, widow/widower, military and tangible.
The Property Appraiser determines the fair market values on each property within Flagler County and is also responsible for administering exemptions to the assessed value. For questions about any exemptions you may qualify for, please call the Flagler County Property Appraiser at (386) 313-4150 or visit the property appraiser's website at www.flaglerpa.com.
In August, the property appraiser sends each property owner a Notice of Proposed Property Taxes, or TRIM notice. This notice contains the property's value on January 1, the millage rates being proposed by each local government, and an estimate of the amount of property taxes owed based on the proposed millage rates. The date, time, and location of each local government's budget hearing are also provided on the notice. This provides property owners the opportunity to attend the hearings and comment on the millage rates before final approval by City Council. The City of Palm Coast's millage rate is only a small portion of the total tax bill and averages less than ¼ of the total millage each year. For more information about the TRIM process please visit the State of Florida's website at http://dor.myflorida.com/dor/property/trim/.
The Tax Collector is responsible for the billing and collection of real estate taxes, vehicle registration, driver licenses, tax deeds and certificates, as well as variety of other functions. For questions about your real estate tax bill or payments, please call the Flagler County Tax Collector at (386) 313-4160 or visit the Flagler County Tax Collector's website at Flaglertax.com.