Property Tax increases require a Truth in Taxation process of public disclosure. Taxing entities are required to follow a series of date-specific steps, including notification to the county, newspaper advertisements, parcel-specific notices, and a public hearing, before adopting a property tax rate above a calculated certified tax rate. The timeline is different for a fiscal-year taxing entity (budget cycle July 1 to June 30) and a calendar-year entity (budget cycle Jan 1 to Dec 31). To learn more about Truth in Taxation, click HERE.