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*
2015 0.8% 0.8%
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%
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