Cape Coral Property Taxes
Many people have complained that Cape Coral taxes are too high. While it does cost more to live in Cape Coral than in unincorporated Lee County it is also a fact that the biggest bite of your total tax bill is for Lee County schools.
Here's an actual tax bill. The total tax for this property with SOH (Save Our Homes) is $2,497. In reviewing the trim notice there are 13 categories listed. Only two categories have to do with Cape Coral: General Fund $657.53 and Debt Service $26.74 or about 28% of the total bill.
On the same tax bill here are the totals for schools, county $298.85 and state $634.37 or about 39% of the total bill. (Note: School impact fees are a relatively new revenue source for Lee County schools. Had school impact fees been in effect during all of our unprecedented growth it's conceivable that our schools taxes would be much lower.)
Back to the tax bill. Approximately 31% goes to Lee County for General Fund, $493.02, Capitol Improvements $117.03, Library Fund $111.42, Mosquito Control $39.24, Solid Waste MSTU $22.89, Lee County All Hazards $8.48, Hyacinth Control $4.15. The remaining 2% or so goes to SFL Water management.
So you can save about 28% on your taxes, but in order to do so you’ll have to move from Cape Coral to unincorporated Lee County.