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2026 Property Taxes
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2026 Property Taxes
This packet contains property tax data specific to the City of Pembroke Pines, including how local revenues fund essential services such as public safety and infrastructure. The information is intended to provide helpful, local context for evaluating proposals that may affect municipal funding.
https://flcities.com/data-packet/pembroke-pines.pdf -
2026 Property TaxesThe Florida Save Our Homes (SOH) amendment caps annual assessed value increases for homesteaded properties at the lower of 3% or the Consumer Price Index (CPI). This formula limits tax surges, creating a "benefit" (market value minus assessed value). This benefit can be transferred to a new home via "portability," whereas non-homestead properties face up to 10% annual increases.
The Florida formula for property tax is calculated by multiplying a property's taxable value (assessed value minus exemptions) by the local millage rate (tax rate) and dividing by 1,000.
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