Akin's Corner: Values Rising Like Summer Temperatures
Another warm season is upon us! My staff and I recently kicked off the summer months by greeting residents and answering questions during our city’s 4th of July Celebrate America event. The festive occasion also provided a timely opportunity for my team to celebrate completing the preliminary tax roll. This annual milestone serves as the start of a months-long “Truth in Millage” effort to inform taxpayers of proposed taxable values and property tax rates.
The real estate market remains strong in Leon County, resulting in property values that continue to rise. Values are being driven up by the low supply of inventory that is unable to keep pace with a growing demand for housing in our area. Given Florida’s rapid population influx in recent years, prices are expected to continue their upward trajectory. My office will mail proposed property tax notices to property owners later this year.
I have heard from homeowners who are concerned about how the damage caused by the May 10 storms might impact their property taxes. You can read more and find available resources in this newsletter. Of course, while we’re thinking about the weather, don’t forget to stay #HurricaneStrong during an expected busy hurricane season.
It is my pleasure to serve as your Property Appraiser. My team and I are always at the ready to exceed your expectations. If there’s ever anything we can do for you, or do better, please don’t hesitate to reach out to me.
Yours in public service,
Akin Akinyemi, PhD, RA, CFA, CMS
Leon County Property Appraiser