In his latest newsletter, Broward County Property Appraiser Marty Kiar provides important information on homestead exemptions.  If you are a new homeowner or moved and you missed the timely deadline to apply for or renew any 2022 homestead exemption, you still have time. Applicants can late file for 2022 Homestead Exemption, Low-Income Senior Exemption, or any other exemption until September 19, 2022. Once the September statutory “late-filing” deadline has closed, the property appraiser’s office cannot accept any more 2022 exemption applications regardless of any good cause reason for missing the late filing deadline. The Florida Department of Revenue has set the 2022 Save Our Homes cap at 3%.  This Save Our Homes assessment cap limits increases to the Assessed/Save Our Homes Value for properties receiving Homestead Exemption to no more than 3% per year or the increase in the Consumer Price Index (CPI) regardless of increases to the just value of the property.

To read Marty’s full newsletter, click here.