ORLANDO, Fla. (FNN NEWS) – Source: Office of the OCPA // Each year Orange County Property Appraiser Rick Singh is responsible for fairly and equitably assessing over 453,000 real estate parcels and almost 61,000 tangible personal property accounts while applying all applicable exemptions and classifications. On October 16, 2017, Rick Singh certified and delivered the 2017 tax roll, valued at over $172 billion, to the Tax Collector for the collection of taxes. This occurs after the Property Appraiser mails the August “Notice of Proposed Property Taxes” or TRIM (Truth-In-Millage), and all taxing authorities have adopted their final tax rates at public hearings.
There were 221,153 homestead properties that received the “Save Our Homes” assessment limitation, capping assessed value increases to no more than 2.1% in 2017. Residents of Orange County should receive their tax bill shortly and can receive a 4% discount if paid in November.
Orange County boasts the 4th highest market value in Florida and is unique in all of the U.S., as no other Property Appraiser in the world must value 7 major theme parks, over 16,000 timeshare units, almost 88,000 hotel rooms, 52,500 condos and over 122,000 apartment units all in the same county.
The OCPA office is ranked #1 in the state by the Florida Department of Revenue amongst its peers for successfully defending 99.8% of its valuations at the Value Adjustment Board appeal hearings, and it is also ranked first in the state amongst its peers for assessed property value per employee, which means that it does more with less.
For questions about property value or exemptions, please contact Property Appraiser Rick Singh’s office at (407)836-5044.