TRIM Notices Explained

Broward County Property Appraiser Marty Kiar, in his recent newsletter, explains the TRIM notices sent to all property owners in Broward County.  It is NOT a tax bill.

The Broward County Property Appraiser’s Office mails the TRIM (proposed tax) Notices in August of each year. This is NOT a tax bill but a notice showing your property’s 2022 just value, exemptions and proposed taxes as set by the various taxing authorities. The TRIM Notice is your opportunity to review your 2022 just value and ensure you are receiving all the tax-saving exemptions you are eligible for.

Florida Statutes require his office use January 1 as the date of assessment each year. The 2022 just values are based on the market data from 2021. His office must consider changes in market conditions – up or down – when developing the just/market values each year. The 2022 just values will reflect the significant changes in the 2021 market data. As the real estate market trends upward, most property owners will see increases in their just/market values.

The final tax rates with be set in September by the county, city and school district.

Click here to read Marty Kiar’s newsletter.   

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