My Open Door Policy. Fairly appraise all properties, so you pay only your required share of taxes. Treat everyone with courtesy, honesty and respect.

Transcription

1 My Open Door Policy Fairly appraise all properties, so you pay only your required share of taxes. Treat everyone with courtesy, honesty and respect. Our public records are always open for inspection and we will give you the time necessary to explain our methods and procedures. The Property Appraiser s office belongs to the people of Martin County. My door is always open for questions, comments and concerns.

2 Fun Facts No. of real property parcels.. 94,389 No. of commercial/industrial parcels... 3,527 (3.7%) No. of tangible personal property accounts... 12,403 Total Just Value.. $24,645,211,056 Total Taxable Value $17,713,775,850 Total Taxable Value of commercial/industrial.. $ 3 Billion (17% of Total Taxable) No. of full time & part time employees 43

3 More Fun Facts Single family homes. 46,930 Residential condominium units. 14,928 Mobile homes owning land... 4,703 Properties with homestead exemption 42,896 (45% of all properties) Largest house contains 17,806 sqft of A/C space Limited income senior exemption. 2,181 Houses built before Restaurants 346 Golf courses.. 34 Parks & Conservation Areas Highest price paid for a single family home.. $32,400,000

4 More Fun Facts Top Five Property Values (1) Florida Power & Light Company $1,966,112,541 (2) Indiantown Cogeneration, LP. $ 118,840,201 (3) Treasure Coast Mall $ 74,270,313 (4) Tiger Woods... $ 55,648,810 (5) Florida Gas Transmission Co $ 45,365,187 Most unusual agricultural use ratite (flightless bird such as an ostrich or emu)

5 More Fun Facts Top Five TPP Property Values No Utilities (1) Louis Dreyfus Citrus Inc $ 16,156,342 (2) Turbocombustor Technology... $ 11,526,586 (3) Vought Aircraft Industries Inc.. $ 6, (4) Lake Point Restoration LLc... $ 4,236,198 (5) Premier Party Rentals Inc..... $ 3,230,191

6 More Fun Facts Total Number of Sales Greater Than $1, , , , , , , , , , Median Sale Price of Single Family (Arms length) $345, $313, $262, $222, $225, $205, $219, $250, $270,

7 More Fun Facts Number of Houses Added to Tax Roll , ,

8 Portability of the Save Our Homes Benefit

9

10

11

12

13

14

15

16

17 All Not Aboard Florida All About Freight?

18 New Staff Tangible Personal Property Specialist: Natasha Jadusingh Ownership & Mapping Dept. Manager: Pam Hardy Commercial Dept. Manager: Michael Cooper Sr. Commercial Appraiser/Project Mgr.: Robert Webster Customer Service/Exemption Dept. Manager: Karen Leary Business Analyst & Tax Roll Manager: Karl Andersson Agriculture Appraiser: Dawn Jaschinski

19 New items on the website Foreclosure Layer Coming Soon Property Tax Oversight by FDOR 2013 non in-depth audit results 2014 in-depth audit results Millage Codes Link to breakdown of funds

20

21

22 Items on website continued Sale information links Official Records Book/Page directly to Clerk of Circuit Court website. Link to Martin County s website for FEMA Flood Maps Job Postings Software Support Specialist currently open Free standard reports accessed the most: Acreage Greater than 2 acres All Residential Twelve Month Sales

23 Tangible Personal Property 2015 Filing Extension Request Now available on website (pa.martin.fl.us). Request must be submitted through the website no later than April 1 st. Automatic 45 day extension until May 15th but MUST file a request with the Property Appraiser s Office. Attach the confirmation to the DR-405 tax return. If you did not receive an confirmation, then the request was not approved. Filing MUST be postmarked on or before May 15, 2015.

24 From the Property Appraiser Home Page (

25 Click on NEW TPP Extension Request Form

26 Depreciation Tables Provided by the Department of Revenue (DOR). The Property Appraiser s Office (PAO) analyzes data to verify the reasonableness of the DOR tables. PAO maintains the acquisition year and the year the asset was removed. By account, By each asset on the account Lump Sum vs. Individual Listing Categorizing Equipment

27 PAO prepares a spreadsheet that has a column for the asset schedule and the age at retirement. A summary table is prepared with the asset schedule, and the average, median, minimum, and maximum age at retirement. The PAO concludes that the table is generally reasonable.

28

29 PAO estimates the value of businesses that have not filed appear to be under reporting PAO maintains the North American Industry Classification System (NAICS) number on each account. The first 2 digits of the 6 digit NAICS code are referred to as the sector.

30 NAICS Sector codes

31

32 Sector Labels Parcel Count Average of Original Purchase Price Minimum of Original Purchase Maximum of Original Purchase Price Average of Appraised Value Minimum of Appraised Value Maximum of Appraised Value 11 - Agriculture, Forestry, Fishing and Hunting , ,128, , ,987, Mining, Quarrying, and Oil and Gas Extraction , ,015, , ,658, Utilities 37 57,166,027 1, ,390,512 57,161, ,390, Construction 1,190 96, ,668,591 71, ,668, Manufacturing , ,755,878 68, ,434, Manufacturing 73 2,056, ,813, , ,655, Manufacturing , ,685, , ,071, Wholesale Trade , ,170,538 33, , Retail Trade , ,287,852 81, ,947, Retail Trade , ,450,571 46, ,952, Transportation and Warehousing , ,158, , ,158, Transportation and Warehousing 27 54, ,825 34, , Information , ,921,579 80, ,122, Finance and Insurance , ,117,346 44, ,405, Real Estate and Rental and Leasing 1,348 59, ,606,550 32, ,297, Professional, Scientific, and Technical Services 1,035 54, ,732,712 21, ,955, Management of Companies and Enterprises 3 1, ,422 1, , Administrative and Support and Waste Management and Re , ,330,990 10, ,214, Educational Services , ,630,787 77, ,467, Health Care and Social Assistance , ,096, , ,576, Arts, Entertainment, and Recreation , ,547, , ,469, Accommodation and Food Services , ,841,427 69, ,045, Other Services (except Public Administration) , ,653,065 18, ,204, Public Administration , ,000,000 91, ,301,200 NULL , ,320 Grand Total 9, , ,390, , ,390,512

33 Personal Property Exemptions Religious Charitable Education Nursing Homes

34

35

36

37 Leased Equipment When filing 1st time, indicate leased and from whom. Equipment bought in a transfer Break values down, if possible Do not lump sum the assets

38 Leasehold Improvements What s Included? Partition Walls (framed with drywall) Real Property Built In Furniture (partition cubicles) Tangible Personal Property Display Cases Tangible Personal Property Cabinetry Real Property (if attached to wall) Tangible Personal Property (if not attached to wall)

39 Waiver Notice

40

41 DOR Audit Findings

42 2014 In-Depth Audit Results

43 2013 Non in-depth Audit Results

44

45 Residential Property Ratio Distribution

46 Commercial/Industrial Property Ratio Distribution

47 Trends

48

49

50

51

52

53 Adult Congregate Living Facility (ACLF) Allegro Indian Street in Stuart Sold in $26,000,000 Grand Oaks Jensen Beach Blvd. Newly Constructed 2014 Stuart Lodge - Palm Beach Road Newly Constructed in 2014

54 Marina Working Waterfront Value of operation as marina is less than the value as vacant land.

55 Exterior Physical Inspections of Properties When, why and how Who is notified: Law Enforcement (Sheriff, Police) Property Owner s Associations Facebook

56

57

58 My Open Door Policy Fairly appraise all properties, so you pay only your required share of taxes. Treat everyone with courtesy, honesty and respect. Our public records are always open for inspection and we will give you the time necessary to explain our methods and procedures. The Property Appraiser s office belongs to the people of Martin County. My door is always open for questions, comments and concerns.