for Volusia County, Florida:
Tax information for Volusia County is based and calculated on the following:
The market value of a piece of property is the price it would sell for when both buyer and seller seek the best price and neither is under pressure to buy or sell. Market values in Florida are evaluated as of January 1, based upon sales of comparable properties in the previous year.
The assessed value is the value of property after any assessment reductions, limitations, or caps have been applied. The annual increase of assessed value in Florida is limited to either 3% greater than the prior year, or the percentage change in the Consumer Price Index, whichever is lower.
Property tax is calculated by multiplying the property's taxable value by the millage rates applicable to it. The rates are expressed as millages (i.e the actual rates multiplied by 1000). Florida provides taxpayers with a variety of exemptions that may lower property's tax bill. These are deducted from the assessed value to give the property's taxable value.
Current tax represents the amount the present owner pays including exemptions. Base tax is an estimate of what an owner not benefiting from any exemptions would pay.
Actual taxes might differ from the figures displayed here due to various abatement and financial assistance programs or to non-ad valorem assessments, which are levied for functions such as storm water utility, solid waste collections or fire and rescue.
The current elected Property Appraiser determines the appraised value of properties in Volusia County, the exemptions due to property owners, and maintains the owner name and mailing address for each piece of property.
Property tax collection:
The Volusia County Revenue Division does the billing and collecting of property taxes based on the information provided to them by the Property Appraiser and taxing authorities.