The City of Clermont has approved a reduction in its property tax rate, lowering the millage rate from 4.88 to 4.59, marking the second consecutive year the city has decreased the rate for property owners.
A millage rate is the tax rate applied to a property’s taxable value. Under the new rate, homeowners pay approximately $4.59 in taxes for every $1,000 of taxable property value.
Will Homeowners Pay Less? A lower millage rate can provide tax relief, but it does not automatically mean a lower property tax bill. If a home’s taxable value remains unchanged, a reduced millage rate typically results in lower taxes. However, when property values rise significantly—as they have in Clermont and throughout much of Florida—homeowners may still see their tax bills increase despite the lower tax rate. According to city budget documents, taxable property values in Clermont have continued to grow rapidly. As a result, the city can generate additional revenue even while reducing the tax rate.
In short, the millage-rate reduction represents genuine tax relief, but rising property values can offset some or all of those savings for individual homeowners.
The post Clermont Cuts Property Tax Rate for Second Consecutive Year, Though Some Homeowners May Still Pay More appeared first on South Lake Tablet.
Source: South Lake Tablet
Published: 2026-08-01 15:07:00