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2019 Tax Payment Notice 1200TTruman Ave., Ste. 101, Keyy West, FL 333040 Phoone: (305)295-5000 Fax: ((305)295-50220 VAAB TAAXPPAYMMENTT NOTICEE F.S.. 194.014 You filed a peetition withh the Valuue Adjustmment Board (VAB) contestingg theaassessmeent, classiification,oor exempttion on thiis propertty. Payment options for peetitioners who challlenge the assessedd value off a property aree (OPTION 1) pay all taxes iin full or (OOPTION22) pay thee fullaamount off non-ad vvalorem aassessmenntsand mmake a paartial paymment of att least 75%% of the aad valoremm taxes, less the applicable disccount. Payyment must be receeived by 55:00 pm, MMarch 31,, 2020. Taxees are delinquentAApril 1, 20020. Optiion 2, if yoour property taxes ttotal $1,135 ($1,0000 ad-valoorem and $1355 non ad--valorem)you mustt pay: TaxAmount $ 10000 (0.75)) $750 $ 1335 (1.00) $$135 $ 11135$885 (Lesss the appplicable discount.) Payment opttions for petitioneers who challengee the deenial of a classification or exempption, or thhe assesssment bassed on ann argumennt thatthe propeerty was nnot substaantially coomplete ass of Januaary 1 musst pay(1) all nonn-ad valorrem taxessandthe amount oof the ad vvalorem taax whicch the taxppayer admmits in goood faith to be owingg, less the applicable discount, or (22) pay thee full amouunt, beforee taxes beecome dellinquent oon April 1, 2020. Page 2 May 16, 2019 All VAB payment option taxes must be paid in full by 5:00 pm, March 31, 2020 to avoid penalties. Interest does not accrue on amounts paid in excess of 100 percent of the current taxes due as provided on the tax notice issued. If your petition is denied – you owe ad valorem taxes in excess of the amount paid. The unpaid amount accrues interest at the rate of 12 percent per year from the date of delinquency until the unpaid amount is paid. If your petition is granted – you may a) still owe ad valorem taxes OR b) a refund may be due. Any owed taxes or overpaid amount accrues interest at the rate of 12 percent per year from the date of delinquency until the balance due/refund is paid. The Tax Collector issues a refund only after the roll is certified by the Value Adjustment Board. Thousands of VAB hearings are scheduled every year. This is a lengthy process. Bills and refunds are expected to be issued during the summer of 2020. For information on filed petitions, hearing dates, rescheduling, the appeal process and/or final decisions please contact the VAB: Sally Michele Abrams, Clerk Value Adjustment Board Monroe County Clerk of Court 500 Whitehead Street Key West, FL 33040 VABClerk@Monroe-Clerk.com 305-292-3550 st For information on making payments before the March 31 deadline please contact the Tax Collector’s Office: Aileen Galvan 1200 Truman Avenue, Ste. 101 Key West, FL 33040 agalvan@monroetaxcollector.com 305-295-5070 2019 Tax Year