Wednesday, January 06, 2010

Changes to Trim Notices

TRIM Notices come out in Fall of each year just before November Tax Bills are mailed.  This notice provides your annual taxes based on different proposed budgets.  This year a new law requires property appraisers to tell taxpayers Truth in Milleage Rates. Now you will see the proposed milleage rate and prior years milleage rate on TRIM notice.  Milleage rates are part of a formula that determines the taxes you owe.  In effort is being done to give taxpayers more information about how their taxes are effected by the local taxing authorities.