Offices of the Pasco County Property Appraiser by keara


									    Offices of the Pasco County                                                                                                       AMENDMENT 1
        Property Appraiser
                                                                             Mike Wells
                                                                             Pasco County Property Appraiser                  The Amendment is best explained
                DADE CITY                                                                                                     by breaking it down into five
         East Pasco Government Center                                        Dear Property Owner:
 14236 6th Street, Suite 101, Dade City, FL 33523                                                                             subsections:
 (352) 521-4433 Main No. (352) 521-4411 Fax
                                                                             The following information is presented to
            Hours: M – F / 8:00 – 5:00
                                                                             aid in the understanding of the latest             •   The additional $25,000, or Second
         Mailing Address: PO Box 401                                         Amendment to the Constitution related to               Homestead Exemption
          Dade City, FL 33526-0401                                           property    taxes.     For     a    thorough       •   The Portability of Save our Homes
                                                                             understanding      please     consult     the      •   Tangible Personal Property Tax
            WESLEY CHAPEL                           Explaining Amendment 1   Constitution of the State of Florida, Florida          Exemption for Mobile Homes
        Village Market Shopping Center
                                                                             Statutes and the Florida Administrative            •   Tangible Personal Property Tax
 5325 Village Market, Wesley Chapel, FL 33544
 (813) 929-1390 Main No. (813) 929-1394 Fax                                  Code.                                                  Exemption for Businesses, and
         Hours: M,T,TH,F / 8:00 – 5:00                                                                                          •   The 10 percent Cap on assessment
        Extended Hours: W / 8:00 – 7:00                                      As your Property Appraiser, I am charged               increases for all non-Homestead
                                                                             with the responsibility of assessing all               properties
          NEW PORT RICHEY                                                    property fairly and equitably in accordance
         West Pasco Government Center
          7530 Little Road, Suite 130
                                                                             with Florida Law. The Property Appraiser's       The additional $25,000 Homestead
        New Port Richey, FL 34654-5598                                       office does not set tax rates or the amount of   Exemption:
 (727) 847-8151 Main No. (727) 847-8013 Fax                                  taxes you pay; that is the job of the various
           Hours: M – F / 8:00 – 5:00                                        taxing authorities such as City, County
                                                                                                                                •   This provision is automatic. The
                                                                             Commission, School Board, and other
             GULF HARBORS                                                                                                           property owner is not required to
                                                                             taxing bodies.
       Gulf Harbors Tax Collector’s Office               Presented by                                                               take any action.
4720 U.S. Highway 19, New Port Richey, FL 34652                                                                                 •   The additional homestead exemption
 (727) 847-8151 Main No. (727) 834-3885 Fax                                  If you have any questions about your
                                                                                                                                    does not exempt value subject to
           Hours: M,W,F / 8:30 – 5:00
                Extended Hours:                       Mike Wells             assessment or need other assistance, please
                                                                             do not hesitate to speak with any member of
                                                                                                                                    school tax levies.
    T,TH / 7:30 – 6:00 SAT / 9:00 - 1:00                 Pasco County        my staff.                                          •   The exemption applies only to that
                                                                                                                                    portion of the assessed value greater
             LAND O' LAKES
                                                      Property Appraiser
                                                                             Sincerely,                                             than $50,000.
        Central Pasco Professional Center            Pasco County, Florida
      4111 Land O' Lakes Blvd., Suite 206
            Land O' Lakes, FL 34639                                                                                           Save Our Homes Portability:
 (813) 929-2780 Main No. (813) 929-2784 Fax
           Hours: M – F / 8:00 – 5:00                                                                                           •   This provisions allows homestead
                                                                             Mike Wells                                             property owners to transfer the
          Internet Address:                                                  Pasco County Property Appraiser                        benefits recognized under “Save Our                                                                                                   Homes” to another property.
continued                                        •   If two separate homesteaders form a         •   Subsequent to 2008 all accounts            The 10 percent Cap on assessment
  •   The property owner seeking this                new homestead, the larger of the                which are assessed for $25,000 or          increases for all non-homestead
      benefit is required to complete an             benefits is transferred (not both).             less, thereby having a zero taxable
      “Application for Ad Valorem Tax            •   If homestead property is split, i.e.            value, will not receive a Notice of
                                                                                                                                                  •   This provision limits assessment
      Exemption” and the supplemental                husband and wife divorce and both               Proposed Property Taxes.
                                                                                                                                                      increases to ten percent for all non-
      “Transfer of Homestead Assessment              move to new properties and establish        •   This applies to all tax levies
                                                                                                                                                      homestead properties.
      Difference” application (Form DR-              homesteads, the benefit is split.
                                                                                                                                                  •   As of February 2008, there is an
      501T).                                     •   This applies to all tax levies, just as   Tangible Personal Property Tax                         application required. At this time,
  •   If you qualify for Homestead on Jan            Save Our Homes always has.                Exemption for Businesses:                              this application has not been
      1st 2008, you may benefit from                                                             •   This provision relates to a $25,000              established.
      transferring a previous assessment       Tangible Personal Property Tax                        exemption.                                   •   The limitation applies to all non-
      limitation, provided the previous        Exemption for Mobile Homes:                       •   In order to receive this exemption,              school tax levies.
      homestead was received in 2007.            •   This provision relates to a $25,000             the property owner must file a               •   This provision does not become
      Beginning 2009 the Homestead must              exemption.                                      “Tangible Personal Property Tax                  effective until 2009 and will retire
      be transferred within either of the        •   The mobile home or travel trailer               Return” (aka DR-405) for 2008.                   after 10 years.
      proceeding two years.                                                                      •
                                                     owner must complete an initial                  New businesses must file an initial          •   Improvements will be assessed at
  •   Market value and assessed value of             tangible return. The forms are                  DR-405 return with the property                  market value.
      the previous homestead and newly               available in one of the noted offices.          appraiser’s office.                          •   Improvements that exceed a 25
      established       homestead        are         This return will serve as the               •   The 2008 or the initial application              percent increase in value will require
      determined by the property appraiser           application for the exemption.                  for the exemption serves as the                  the entire property to be assessed at
      of the counties where the respective       •   Once the exemption has been                     application for the exemption.                   full market value. Applies to “non-
      properties are located and will be             granted if the assessed value is            •   This provision applies to all business           homestead residential property” that
      used to determine the amount of                $25,000 or less the owner is no                 tangible personal property.                      contains nine or fewer dwelling
      benefit that can be transferred.               longer required to file a return with       •   If a single entity files across multiple         units, including vacant property
  •   The amount that can be transferred is          the property appraiser.                         tax districts and does not conduct               zoned and platted for residential use,
      limited to $500,000.                       •   This provision applies only to                  business at those locations, they are            and that does not receive the
  •   If the property owner is moving to a           attachments and only in instances               entitled to one exemption.                       exemption under F.S. 196.031.
      home with a larger value, the                                                              •
                                                     where the owner of the mobile home              In August the owner will receive a           •   This provision will not have an
      transferred benefit is the difference          or travel trailer does not own the              Notice of Proposed Property Taxes.               impact on the 2008 assessed values.
      between assessed (SOH) value and               underlying real estate.                         If the taxable value is zero, the
      just (market) value.                       •   The titled portion of the mobile                annual filing requirement is waived.          For the most current information, to
  •   If the property owner is moving to a           home or travel trailer is not subject       •   Subsequent to 2008 all accounts            download forms and applications, or to use
      home with a lesser value, the                  to the exemption and the owner must             which are assessed for $25,000 or          our tax estimator calculation screen please
      transferred benefit is the percentage          purchase decals or license plates.              less, thereby having a zero taxable                   visit us on the web at:
      difference      between       previous         Failure to do so will result in the              value, will not receive a Notice of
      homestead’s assessed (SOH) value
                                                     titled portion being assessed as                Proposed Property Taxes.
      and just (market) value applied to the         tangible personal property subject to       •   This applies to all tax levies
      new homestead property.                        ad valorem taxes.

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