Welcome to Department of Revenue’s TRIM Web Ex Training Presented by Florida Department of Revenue

Welcome to

Department of Revenue’s

TRIMWeb Ex Training

Presented by Florida Department of Revenue

TRIM

• TRIM Timetable

• TRIM Forms

• Advertising Requirements

• Hearing Requirements

• Maximum Millage

• Resolutions/Ordinances

• Certifying Compliance to DOR

• TRIM Compliance Contacts

Truth in MillageIntroduction

• TRIM process and the public

• Chapter 200, Florida Statutes

TRIMTIMETABLE

TRIM Timetable

• The property appraiser provides total assessed value of nonexempt property by June 1 to be used for budget planning purposes

• By July 1, Property appraiser certifies the taxable value to each taxing authority on Form DR-420

TRIM TimetableDay 1 = July 1

The first day of the TRIM process is July 1, or the date of certification of taxable value whichever is LATER

1 2 3 4

5 6 7 8 9 10 11

12 13 14 15 16 17 18

19 20 21 22 23 24 25

26 27 28 29 30 31

July

DAY1

TRIM Timetable

1 2 3 4

5 6 7 8 9 10 11

12 13 14 15 16 17 18

19 20 21 22 23 24 25

26 27 28 29 30 31

July

The Board of County Commissioner’s budget officer submits tentative budget to the board

TRIM TimetableDay 35 = August 4

1

2 3 4 5 6 7 8

9 10 11 12 13 14 15

16 17 18 19 20 21 22

23 24 25 26 27 28 29

August

DAY35

Within 35 days of certification of value, each taxing authority must inform the Property Appraiser of

•Prior year millage rate

•Current year proposed millage rate

•Current year rolled-back rate

•The date, time and meeting place of the Tentative Budget Hearing

TRIM Timetable

• The taxing authority will be prohibited from levying a millage rate greater than the rolled-back rate

• The rolled-back rate will be computed by the Property Appraiser and used to prepare the Notice of Proposed Property Taxes

If a taxing authority fails to provide the information to the property appraiser within 35 days

TRIM TimetableDay 55 = August 24

1

2 3 4 5 6 7 8

9 10 11 12 13 14 15

16 17 18 19 20 21 22

23 24 25 26 27 28 29

August

DAY

55

The property appraiser must mail the Notice of Proposed Property Taxes (TRIM Notice) within 55 days of certification

If a review notice has been issued the TRIM Notice can not be mailed until DOR has approved the assessment roll

TRIM TimetableDays 65-80 Sept. 3-18

• A public hearing on the tentative budget and proposed millage rate should be held

• This tentative hearing is published on the TRIM Notice mailed by the property appraiser

TRIM TimetableDay 95 = Sept. 18th to Oct. 3rd

• Notice of Proposed Tax Increase or• Notice of Budget Hearing and • Budget Summary Ad

Within 15 days of the tentative hearing, the taxing authority must advertise its intent to adopt a final millage and budget

TRIM TimetableDay 97 – 100Final Hearing

• A public hearing on the final millage rates and budget should be held 97 to 100 days after certification of value.

• This final hearing is held within 2 to 5 days after the hearing is advertised.

TRIM TimetableWithin 3 Days of Final Hearing

No millage other than approved by referendum may be levied until the resolution or ordinance to levy is approved by the governing board of the taxing authority and submitted to the Property Appraiser, Tax Collector, and the Department of Revenue.

TRIM TimetableWithin 3 Days of Final Hearing

• The resolution or ordinance adopting the final millage rate will be forwarded to the Property Appraiser, Tax Collector and the Department of Revenue.

• Receipt of resolution or ordinance is the official notification of the final millage rate.

TRIM TimetableWithin 30 Days of Final Hearing• Each taxing authority has to certify

compliance to the Florida Department of Revenue.

• Do not wait to certify compliance if Form DR-422 has not been received from the Property Appraiser .

• Complete DR-422 as soon as it’s received and forward it to the Property Appraiser. A copy should also be sent to the Property Tax TRIM Section.

TRIMCERTIFICATION

FORMS

TRIM Certification Forms• DR-420, Certification of Taxable Value

• DR-420DEBT, Certification of Voted Debt Millage

• DR-420TIF, Tax Increment Adjustment Worksheet

• DR-420MMP, Maximum Millage Levy Calculation Preliminary Disclosure

MAXIMUMMILLAGE

Maximum MillageLocal governments must conform to the maximum millage limitation requirements first imposed by the Florida Legislature in 2007.

The provisions for 2009-10 and Thereafter are for

•Majority Vote

•2/3 Vote

•Unanimous Vote

Maximum Millage By Majority Vote

Taxing authorities may levy a maximum millage equal to a rolled-back rate calculated using the prior year taxes that would have been levied if the maximum majority vote millage rate had been adopted.

HOWEVER, if a higher rate was adopted, the rolled-back rate would be based on the adopted rate. This millage rate is then adjusted for the change in per capita Florida personal income to calculate the current year’s maximum majority vote millage.

Maximum Millage By Two-Thirds Vote

Taxing authorities may levy a millage not more than 110% of the majority vote maximum millage rate

Maximum Millage By Unanimous Vote or Referendum Taxing authorities may levy any millage not more than their constitutional or statutory maximum millage

TRIMHEARING

INFORMATION

TRIM HEARING INFORMATION

Taxing authorities are required to hold two public hearings to adopt a millage

rate and budget

TRIM Hearing InformationScheduling & Advertising Hearing

TRIM hearings may be held

• Monday – Friday after 5:00 PM

• Anytime on Saturday

• Never on Sunday

TRIM Hearing InformationScheduling & Advertising Hearings

• School board has first priority of a hearing date

• BOCC has second choice

• No other taxing authority, in the county, can hold a hearing on the same date as the school board or BOCC

TRIM Hearing InformationScheduling & Advertising Hearing• The tentative TRIM hearing is

advertised on the TRIM Notice

• The final hearing must be advertised within 15 days of adopting the tentative millage and budget

The first issues discussed will be the

• Percentage increase in millage over the rolled-back rate necessary to fund the budget, if any

• Specific reasons why ad valorem tax revenues are being increased.

TRIM Hearing InformationAt The Hearing

• The general public will be allowed to speak and ask questions prior to the adoption of any measures by the governing body.

• The governing body must adopt its tentative or final millage rate prior to adopting its tentative or final budget. Adopt Millage First; Adopt Budget Second.

TRIM Hearing InformationAt The Hearing

• The name of the Taxing Authority,

• The rolled-back rate,

• The percentage of increase over the rolled-back rate, and

• The millage rate to be levied

TRIM Hearing InformationAt The HearingEach Taxing Authority levying a millage rate, must publicly announce, before adopting the millage resolution:

TRIM Hearing InformationAt The HearingThe tentative millage rate cannot exceed the proposed millage rate, unless, each taxpayer is mailed a revised TRIM Notice at the expense of the Taxing Authority

The final millage rate cannot exceed the tentatively adopted millage rate.

The TRIM process has to be completed within 101 days

TRIM Hearing InformationAt The Hearing

No millage can be levied until a resolution or ordinance has been approved by the governing board of the taxing authority.

TRIMADVERTISING

REQUIREMENTS

TRIM Advertising Requirements

Taxing authorities must select the appropriate newspaper

advertisement to announce the Final TRIM Hearing

TRIM Advertising RequirementsAdvertisement Selection

• Calculate the percentage change of rolled back rate

• Publish Notice of Proposed Tax Increase when percent change is greater than 0%

• Publish Notice of Budget Hearing when the percent change is equal to or less than 0%

TRIM Advertising Requirements Notice of Proposed Tax Increase Ad

• Must be a FULL 1/4 PAGE ad.

• Must have a Headline in at least 18 point type.

• Must have an adjacent Budget Summary ad.

• Must be published in a newspaper of general paid circulation in the county or in a geographically limited insert of such newspaper.

• Can Not be published in the legal section or classified section of the newspaper.

TRIM Advertising Requirements Notice of Proposed Tax Increase Ad• CAN NOT deviate from the specified language.

• CAN NOT be accompanied, preceded or followed by other ads or notices which conflict or contradict the required publications.

• Advertise the Final Hearing within 15 days of Tentative (1st) Hearing.

• Hold the Final Hearing 2-5 days after advertised.

NOTICE OF PROPOSED TAX INCREASEThe ___(name of taxing authority)__ has tentatively adopted a measure to increase its property tax levy.Last year’s property tax levy:A. Initially proposed tax levy $ 47,969B. Less tax reductions due to Value Adjustment Board

and other assessment changes $ 3,833C. Actual property tax levy $ 44,136This year’s proposed tax levy $ 49,740All concerned citizens are invited to attend a public hearing on the tax increase to be held on:

DATE:TIME:PLACE:TOWN:

A FINAL DECISION on the proposed tax increase and the budget will be made at this hearing.

NOTICE OF PROPOSED TAX INCREASEThe ___(name of taxing authority)__ has tentatively adopted a measure to increase its property tax levy.Last year’s property tax levy:A. Initially proposed tax levy $ 47,969B. Less tax reductions due to Value Adjustment Board

and other assessment changes $ 3,833C. Actual property tax levy $ 44,136This year’s proposed tax levy $ 49,740All concerned citizens are invited to attend a public hearing on the tax increase to be held on:

DATE:TIME:PLACE:TOWN:

A FINAL DECISION on the proposed tax increase and the budget will be made at this hearing.

TRIM Advertising Requirements Notice of Proposed Tax Increase AdExample

Use 100% of Tax Levies in Advertisement

TRIM Advertising RequirementsNotice of Budget Hearing• Doesn’t have a size requirement

• Must have an adjacent Budget Summary ad.

• Must be published in a newspaper of general paid circulation in the county or in a geographically limited insert of such newspaper.

• Can Not be published in the legal section or

classified section of the newspaper.

TRIM Advertising RequirementsNotice of Budget Hearing

• CAN NOT deviate from the specified language.

• CAN NOT be accompanied, preceded or followed by other ads or notices which conflict or contradict the required publications.

• Advertise the Final Hearing within 15 days of Tentative (1st) Hearing.

• Hold the Final Hearing 2-5 days after advertised.

TRIM Advertising RequirementsNotice of Budget Hearing

NOTICE OF BUDGET HEARINGThe ____________ has tentatively adopted

a budget for (fiscal year)

A public hearing to make a FINAL DECISION on the budget AND TAXES will be held on:

(Date)

(Time)

at

(Meeting Place)

NOTICE OF BUDGET HEARINGThe ____________ has tentatively adopted

a budget for (fiscal year)

A public hearing to make a FINAL DECISION on the budget AND TAXES will be held on:

(Date)

(Time)

at

(Meeting Place)

Example

TRIM Advertising Requirements Budget Summary Ad

Must Show ALL tentatively adopted millage rates:

• General Fund

• Dependent District

• Municipal Service Taxing Unit (MSTU)

• Voted Debt Service

TRIM Advertising Requirements Budget Summary Ad• Each millage rate shown must have at least

95% of ad valorem taxes included in the budget.

• Show ALL funds

• Have a balanced budget. – All funds should balance – The total of all funds should balance

• Show line item for Reserves

TRIM Advertising Requirements Budget Summary Ad

• Have an adjacent Notice of Proposed Tax Increase ad or Notice of Budget Hearing ad (NOT BOTH)

• Not be placed in the legal or classified section of the newspaper

• Has no size requirements

• Comply with all statutory budget requirements

TRIM Advertising Requirements Budget Summary Ad

If the proposed operating budget expenditures are more than last year's total operating

expenditures, include the statement in BOLD

THE PROPOSED OPERATING BUDGETEXPENDITURES OF (name of taxing authority)

ARE (percent rounded to one decimal place) MORE THAN LAST YEAR'S TOTAL

OPERATING EXPENDITURES.

TRIM Advertising Requirements

Budget Summary Ad

• Must be submitted for each published advertisement

• To be submitted with the DR-487

TRIM Advertising Requirements

Proof of Publications

TRIM Advertising RequirementsRecessed Hearing Information

If the hearing is recessed, the taxing authority must publish a Notice of Continuation in a newspaper of

general paid circulation in the county.

The notice will state the time, date, and location of the hearing.

DO NOT ADJOURN the hearing - The hearing is to be RECESSED.

TRIM Advertising RequirementsRecessed Hearing Information

NOTICE OF CONTINUATION

The tentative/final budget hearing held on (Date of first hearing)

For the (name of taxing authority) was recessed and will be continued on

(Date, time, and location of new hearing).

(Include name of town)

NOTICE OF CONTINUATION

The tentative/final budget hearing held on (Date of first hearing)

For the (name of taxing authority) was recessed and will be continued on

(Date, time, and location of new hearing).

(Include name of town)

Example

TRIMResolution/Ordinance

No millage can be levied until a resolution or ordinance has been approved by the governing board of the taxing authority.

Resolutions/Ordinances

Certifying Complianceto Department of Revenue

TRIM Millage Resolution/Ordinance

The The Tentative & FinalTentative & Final Resolution/Ordinance Resolution/Ordinance adopting millage rates must include: adopting millage rates must include:

• The name of the Taxing Authority. The name of the Taxing Authority.

• The percent of increase over the The percent of increase over the rolled-back rate.rolled-back rate.

• Each millage rate adopted. Each millage rate adopted.

• The rolled-back rate.The rolled-back rate.

TRIM Budget Resolution/Ordinance

• Must be adopted by separate vote after the millage adoption

• If order of millage and budget adoption cannot be determined, send minutes of meeting

• Receipt of the resolution or ordinance by the property appraiser is official notice of the millage rate approved by the taxing authority

TRIMResolution/Ordinance

Within 3 days following the final hearing,

forward resolution/ordinance adopting final

millage to the• Property Appraiser,• Tax Collector and• Department of Revenue

Certification of TRIM Compliance

Forms

• DR-487

• DR-420MM

• DR-487V

Certification of TRIM ComplianceDR-487

Certification of TRIM ComplianceDR-420MM

Certification of TRIM ComplianceDR-487V

TRIM Value Adjustment Board• At least 15 days before hearing, petitioner provides

property appraiser information to present at hearing.

• At least 7 days before hearing, property appraiser provides information in writing to petitioner if requested.

• VAB meets 30 – 60 days after mailing of TRIM Notice.

• Board remains in session from day to day until all petitions, complaints, appeals and disputes are heard.

Final Taxable Value

Forms

• DR-422

• DR-422DEBT

Final Taxable Value DR-422

Final Taxable Value DR-422DEBT

2011 Top Infractions and Violations

1. Late package

2. Ad valorem proceeds not shown or incorrect

3. Other

4. Balances and reserves were not shown

5. Advertisements not adjacent.

TRIM Staff

Menee Rumlin-Bond

Chito Landrito

Douglas Putnam

Wyatt Peters

Dametria Hayward

Thank You For Your Participation Today