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2014 Consumer Price Index for Save Our Homes is 1.5%

Author johnbsims3
Admin 

#1 - Posted: 12 Jun 2014 11:23 - Edited by: johnbsims3 
Save Our Homes

As provided in Section 193.155(1), F.S., beginning in 1995, or the year after the property receives homestead exemption, an annual increase in assessment shall not exceed the lower of the following:

a. Three percent of the assessed value of the property for the prior year; or
b. The percentage change in the Consumer Price Index (CPI) for all urban consumers, U.S. city average, all items 1967 = 100 or successor reports* for the preceding calendar year as initially reported by the U.S. Department of Labor, Bureau of Labor Statistics.

The current successor report is the 1982 - 84 = 100 current series.

The CPI change amounts given in the chart at right are from the year prior to the year listed.

* The percentage changes shown are rounded to the nearest tenth of a percent. The income limitation amounts are based on the unrounded CPI data.

Save Our Homes Annual Increase

Year CPI Change* Cap*

2014 1.5% 1.5%
2013 1.7% 1.7%
2012 3.0% 3.0%
2011 1.5% 1.5%
2010 2.7% 2.7%
2009 0.1% 0.1%
2008 4.1% 3.0%
2007 2.5% 2.5%
2006 3.4% 3.0%
2005 3.3% 3.0%
2004 1.9% 1.9%
2003 2.4% 2.4%
2002 1.6% 1.6%
2001 3.4% 3.0%
2000 2.7% 2.7%
1999 1.6% 1.6%
1998 1.7% 1.7%
1997 3.3% 3.0%
1996 2.5% 2.5%
1995 2.7% 2.7%

County Property Appraiser and Tax Information Florida Homestead Services -- Florida Homestead Exemption Act MiniBB / County Property Appraiser and Tax Information /
2014 Consumer Price Index for Save Our Homes is 1.5%
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