Kissimmee, Florida — If you own a home in Osceola County, you should have already received a TRIM notice in the mail for this year’s taxes. That stands for Truth in Millage, and this notice shows the value that the property’s appraiser’s office has placed on your home, the exemptions you qualify for, and proposed millage rates. Osceola County Property Appraiser, Katrina Scarborough, told WDBO that because the notice says that it’s not a bill, many people don’t look at it. She is encouraging you to always review it though, because it could help you save money on next year’s property taxes.
The main exemption is the homestead exemption. In order to receive it, you have to own and live in your home as of January 1st. You also can’t have another homestead exemption in any other county or state. Her office does quite a bit to make people aware that they need to apply to receive this exemption. They even send out a postcard to ever new property sale. However, she said that sometimes people go years without ever applying for it. She encourages you to make sure you are taking advantage of that, as it could save you hundreds of dollars.
There are also exemptions for seniors and those with disabilities. You can find out more about the exemptions, and get contact information for her office here.
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