New calculator shows what Florida’s proposed property tax cuts could do to your bill

The Brief

  • Hillsborough County’s property appraiser launched a new online calculator Thursday to show how proposed property tax changes could affect homesteaded homeowners.
  • One example in the tool shows a home with a taxable value of $281,268 could drop from an estimated $5,750 tax bill to about $1,950 under proposals like HJR 203/HJR 201.
  • Supporters call it homeowner relief. Critics warn it could blow a major hole in local budgets that pay for services like police, fire and roads.

TAMPA Hillsborough County Property Appraiser Bob Henriquez’s office launched a new Proposed Tax Legislation Estimator Thursday, giving homeowners a way to plug in their property and see estimated outcomes under multiple property tax proposals being debated in Tallahassee.

“Instead of leaving you guessing,” Henriquez said in a video from his office, “We’ve created a tool to help you see the real numbers and exactly what this could mean for you and your family.”

The estimator provides side-by-side examples tied to specific proposals.

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