What are property tax caps?

Beginning with the 2010 tax bills, property owners have been entitled to a circuit breaker cap on the amount of property taxes over:

  • 1% homestead properties
  • 2% long-term care facilities
  • 2% residential properties
  • 2% agricultural land
  • 3% nonresidential properties
  • 3% personal property

Show All Answers

1. What should I expect from a reassessment?
2. How is reassessment conducted?
3. How can I make sure my assessment is correct?
4. Why do we have reassessment?
5. What are property tax caps?