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007-2013 Amendment 11m MIAMI BEACH �� � _�� � �� OFFICE OF THE CITY MANAGER 2 013 JAN " - 8 P M ` 4 1 NO. 007 --2013 C fT Y Cl...ERw IVS OFF ICE LETTER TO COMMISSION TO: Mayor Matti H. Bower and Members of the City Commission FROM: Kathie G. Brooks, Interim City Manager DATE: January 7, 2013 SUBJECT: Amendment 11 of the Florida Constitution On November 6, 2012, Florida voters approved Amendment 11 of the Florida Constitution, which provides for an additional homestead exemption for low income seniors that totally exempts a taxing authority's portion of taxable value. The new exemption can only be applied to a County or Municipality taxing authority once an ordinance is adopted by a super majority of the members of the governing body. On December 19, 2012, the City received the attached letter from the Miami -Dade County Office of the Property Appraiser. The City has until March 1, 2013 to adopt and submit an ordinance approving the new exemption for the 2013 tax roll. City policy is stipulates that an ordinance is first considered by a City Commission committee before being considered by the full City Commission. As a result, second reading would occur no earlier than April and, therefore, this additional homestead exemption would not be effective for the 2013 tax roll. To put an ordinance directly on first reading for the January meeting to allow for second reading in February and meet the March 15t deadline requires a Commission sponsor. Accordingly, please advise me as soon as possible if you are interested in placing this item on the January Commission agenda for first reading. Pleas feel free to contact me with any questions. KGB\ 6�4 FAcmgrl$ALLIMax Sklarl MslAmendment IILTC.docx ........... . fee December 19, 2012 Ms. Kathie Brooks. Manager City,of Morrill Beach 1700 Convention Center Drive M lam!-Beach, R-33139' Dear Ms, Brooks: MIAASDADE COUNTY OFFICE OF THE PROPERTY APPRMSE R Honorable Pedro 6arcla Property Apprals& RE. Florida Constitutional Amendment 11— Provides for Additional Tax Exemption from County and Municipality, taxes for Certain Qualified Seniors On November 6, 2012, voters approved Amendment 11 of the Florida Constitution providing an additional homestead exemption for low. Income seniors that totally exempts a taxing euthorlty s portion of taxable value. The eligibility requirements for this new additional senior exemption are the same as the current- senior eixem'ptl6n. However., the qualifying senior must also have maintained, their home as their permanent residence for at least:26 years and a market value less than $250,000. Tho'newe exemption can only be appfled to a County or Municipality taxing authority once on ordinance is. adopted by a super majority of the mertiWs the governing body. Therefore, I would like to Inform you that this new senior benefit afforded by Amendment 11 is available for your jurisdiction to adopt. The MlamkDade Board of County Commissioners is in the process of adopting such an ordinance: that will apply to the upcoming 2013 tax roll. Section 196,015 !Flor[do Statutes, requires a county or municipal governing authority deliv& their *adopted ordinance to. the Property.Apprals6r no later than December 1, 2012, for the oxemptloh to be appilicable for the 2013 tax ro However, we will accept your ordinance approving this new exemptionjf adopted and submitted to our office no later than March 1, 2013. .Dolosed Is Property Tax Oversight Bulletin 12-13 Coritoinlrig 'additloftal details about those changes and an estimated fiscal 'impact for your review. If you have any questions concerning this matter,, you may call me at .305 - v5-4o.N. Again, if you Wish to extend this new benefit to your constituents on the 2013 tax roll, ari adopted ordinance ,MUST be delivered to the` Office V the Property Appralserno later than March 1,201a, ;$1reicerel 'd L ro I maro is Deputy Property Appraiser Rderbricem Joint Resolution 160— amendment language adoplM by the 2012 Florida Legislature, Chapter 2MM2 , Laws of Florida (HB 367)'— ImplementIng language passed by the 1612 P(Orlda Legjslaturo,. section 196.075, Florida Statutes Additional Homestead Exemption.for Persons 65 and Older, I I I N.W 1ST $(jj'j'L 710 - MIAMI, FL01140A - 31129 IMONE: 36 -3754004 - FAkt 365-05;3(Y2.4 V X 1 .1 9 1 T r A) LINW-W-LAAM) AD-8,,G,-Q D14 Property Tax Oversight Bulletin*- PTO 12413 X ! r -E _ZM To: Property Appraisets? ax. Collectors Ttonx: James McAdams Date November 7, 2012. - Bulletin, PTO 12-13 wo K'V'V 10 111410,10 MX N CONS TAT MONAL AME NDJliJE NT II 2012 General t lection Additional Homestead Exemption for Persons 65 and Older; Low4neowe Seni rs Who Maintain. Long-Term Residency on Property; Ei qual TO ,Assessed VOtte Amen4ment I I W d b ;voters in the November 6,20. 12 general clwlon. This as approve Y ve amendment changes Section 6(d) of Article V11 of the State Constitution, It revises the existing additional homestead exemption for seniors, and authorizes a new additional, homestead exemption for them, Changes To the Existing Additional Homestead Exemption for yalifyinuSeniom The amount of the exen ption that can be granted to a qualifying senior in the ordinance adopted by a county or municipality, as changed by Chapter 2012-57, LOX,, Is noVV a flat $50,000, instead of an amount tip to $50,000; A county and/or rauniolpality can adopt an ord 4i granting either or both of these additional exemptio.ns authorized by the constitution for qualifying swim. Provisions Regarding the New Additional .Homestead Exeirlpton or Qualifying eriiors • The amount of this exemption is equal to the assessed value of the homestead, up to ajust value of less than $250,000; and, • The owner must have made the property his or her permanent rqsidenco.for at least .25 years; and, • This exemption gars -only be granted by a super majority of the mornbers of the county or Municipal gone. ifig body (inaJorityplus one), Provisiofig That Apov to 8oth Additional Exemptions for Qualifying Seniors Existing ptovision8 about how the income limitation 18 041pUlatod and applied; Existing requirements for how a county or municipality pan adopt an. ordinance granting either or both of these exernptions,r and, That the 2012 changes to the constitutional and general law provisions regarding both, these additional exemptions will first apply to the 2013 tax roll, and to all subsequent.tax rolls. The changes to this amendinerit are implemented by C. haptor 2012-57, Laws of Florida (L.0,F.). Bulletin PTO 1143 43 Novenlibor .7, 2012 Page 2 oft The full text of RJR 1.69 can be accessed at: 2O 12/ rl 69 The full text of Chapter.20 l2mS7 L.O.F., can be - accessed at: bttpWlgws;flrul — rg/201.2/57. This bulletin is pf'ovided by the Department.of Ravenue fblr your gpqoml information. If you want to discuss thkIsSMO, you may solid Your questions to D - RPTO(@dq.r.Mqtq.!I.fi9. MIAMI -DADS COUNTY OFFIOE OP THE PROPERTY APPRAISER Impart of Poll Exonipflon SonlorPeappilles; - Amendment 11 November 13, 2012 0 Total County Impact $1;9:28;295 $79J27 $2,008j022 Notd: The following criteria were used: (1) the folio had a senior exemption In 20 , 2, (2) the last qualified sale took place prior to 1987 and (3) the just value of the property is under $250,000. The count under 'QUallfledr Seniors" represents all folios based'on criteria. The count under"Senlors Affected" represents, those follosthatwill actually show a reduction In taxable value. The difference are folios that already have, a zero taxable value before applying the additional exemption. Those estimates are considered a worst -case sceharlo based on the 2012 VreillMinary Roll values and 2012 adopted mIllage rates, durrent Qualified Seniors 5xemption impa ct. Based on 2.012 Orel! Inary Assessmen Roll Loss In Operating Revenue : bebt Revenue total Taxing Authority Senior Affec Amourit. Taxable Value. Millage Loss Millage Loss Revenue Loss 0100 Miami 8,946 2 $50,000 $63,925,521 7;5710 $493M0 0,9000 $57;533 $541,5:13 0101 DOA 2 0 $50,000 $0 0,4780 $0 oi0000 $ 0 $0 0200 Miami Beach 9.05 89 $50 A637,449 6.0909 $16,064 0,2568 $077 $16,742 0201 Normandy $hores 2 2 $50 $81,782 1,1444 $94 0,0000 $0 $94 0300 Coral Gables. 49 42 $25,*000 $2,579,434 5.6690 $14j623 010000 $0 $14,623 0400 Hialeah 3,678 2,101 $50,000 $54,628,936 6,3018 .$:344,2 0,0000 $6 $844,261 0.500. Miami Springs 111 106 $25j'000 $7,177,097 6.9550 $80 0,00*00 $ $50,204 0660 Noah Mlaml 2 32 $ 5.0, 0.0 0 $567,851 udoo $4,600* 0600 $ $4,660 000 :North Ktarni Beach 186 102 $25,*600 $2,122,127 6,606 $14,014 1,040 $2,265 $16,223 MOO opa-locka 42 1 $%000 $628 9,1000 $6 0,000 $0 $6 0900 South Miami 59 3 $50,*000 $1,039,349 4,8680 A8.86 0,0000 $0 $4y536 1060 Homestead 55 7 $0,000 $118 6.2435 $740 0,0600 $0 $140 1100 Miami Shores 28 28 $0 $1,366,588 8,0000 $10,533 j0.7500 $1,025 $ 1266 11al Harbour 6 4 $0,000 $197,121 7,2619 $447 oxoc)o $0 $447 1300 Bay Harbor Islandi. 16 9 $25,000 $252,49 * 8 5.2971 $4,387 ok000 $0 $1,337 1400 Sur 6ide' 2 2 $50 000 . �1 $54,358 513600 W8 010000 $0 $288 - 150.0 West Miami 169 168 $25,009 $7,$00,996 68858 $51,650 A0000 .$0 $51,650 1600 Florida City 40 37 $0 $697,880 73500 $5-A09 0;.0000* $5,409 1700 Biscayne Park 10 10 $25 $371,491 9,5000 $3,529. .0=00 $0 0,529 1800 El Portal 17 7 $50,o00 $157,577 813000 $1,308 OXOGG. $0 $ 1900 Golden Beach 0 0 $25,000 $0 6m54 $6 1.5050 .$0 $0 2000 Pinecrest 2 6 s50 $D 22000 $0 0.0000 $0 $0 2160 Indian Creek 0 0 $0 7,9518 $o ti,%Ob $0 $0 2206 Medley 7 7 $0 $129,873 5;5850 $7 0.0000 $0 $725 2800 North Bay Village 22 9 $%Ooc) $310,089 4,7772 $1,481 I,2355 $388 $1,864 2400 Key Biscayne 9 9 $50,000 $416,899 8,2060 $1,384 0,0000 0 $1,334 2500 Sweetwater 167 1.69 $50,006 55,987,443 23200 $11,60 0.0000 :$0 $11,643 2600 Virginia Gardens 34 14 $0 $2 5,4233 $1:1,428 OmOo $0 $ il,42a 2700 Hialeah Gardens 38 a $26,000 $143i170 53812 $770 0,000 $0 $770 2800 Av entura 122 73 $25,000 $2 13261 A778 0,0000 $6 $3,778 31.00 Sunny lslo$ Beach 97 50 $50,000 $1,395,83 2X000 $3,908 0,0000 $3,908 3200 Miami Lakdsj 49 40 $50,000 0.0000 $0 $4,307 3300 PA)I*etto Bay 17 26 $50,000 $1,145,635 14470 $2,803 0,0000 $0 $2j803 3400 MIAMI Gatclens 1 449 6,3620 $45,177 0,0000 $0 $45,177 3500 Dbral 11 7 $s61.06 $147,38b 2MI5 $32 . 7 0.00OG j $A27 136bo Cutler Bay 1 is 7 . $0, 000 620,0061 2�5702 $4 'd OMOO $0 $4,164 Total County Impact $1;9:28;295 $79J27 $2,008j022 Notd: The following criteria were used: (1) the folio had a senior exemption In 20 , 2, (2) the last qualified sale took place prior to 1987 and (3) the just value of the property is under $250,000. The count under 'QUallfledr Seniors" represents all folios based'on criteria. The count under"Senlors Affected" represents, those follosthatwill actually show a reduction In taxable value. The difference are folios that already have, a zero taxable value before applying the additional exemption. Those estimates are considered a worst -case sceharlo based on the 2012 VreillMinary Roll values and 2012 adopted mIllage rates, Qualified current Seniors Exemption Impact Based on =2 preliminary Assessment Roll Loss In Operating Revenue Debt Rovenue Total County Authorities Senior Affected Amount, Taxable Value Millage Loss Millage Loss Revenue Loss Countywide 18,211 8,979 $50,000 $272,864,995 4.70215 $1,283,421 61850 $.77,767 $1 3000 Unincorporated 7,444 3,776 $50,0007 $.124,5971,423 1.9283 $241,621 6,0000 $6 $141,0.21 51re & Rescue 1f1, 22A 4,6 .$4 $56,0 t145A6,948 2.44% $966550 0 6131. $1960 06011 Library 14�000 6,laq $$0,00 1 $ZI6*2$?,008I 1 0,1725 3Y -s I 0,0000° 01 Total County Impact $1;9:28;295 $79J27 $2,008j022 Notd: The following criteria were used: (1) the folio had a senior exemption In 20 , 2, (2) the last qualified sale took place prior to 1987 and (3) the just value of the property is under $250,000. The count under 'QUallfledr Seniors" represents all folios based'on criteria. The count under"Senlors Affected" represents, those follosthatwill actually show a reduction In taxable value. The difference are folios that already have, a zero taxable value before applying the additional exemption. Those estimates are considered a worst -case sceharlo based on the 2012 VreillMinary Roll values and 2012 adopted mIllage rates,