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Why does the Property Appraiser raise the values each year?

April 26, 2017appraiser Property raise values year

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Why does the Property Appraiser raise the values each year?

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Under Florida law, all property is to be appraised at market value annually. The Property Appraiser has no authority to hold valuations steady from year to year. The Property Appraiser’s valuations are audited each year by the Florida Department of Revenue.