Orlando
Property Appraiser Rick Singh Recovers $1 Billion for Orange County Tax Roll
ORLANDO, Fla. (FNN NEWS) – Orange County Property Appraiser Rick Singh, CFA, announced Monday morning that his office has reached a landmark milestone by returning $1 billion to the Orange County tax roll. The additional taxable value, amassed between 2013 and 2019, was generated from a combination of categories: Tangible Personal Property (TPP) audits ($174 million), agricultural classification audits ($317 million), and investigations of homestead and other exemption compliance ($578 million).
“I am proud to report that our initiatives have been very successful in protecting the interests of Orange County taxpayers,” said Singh. “We are committed to holding everyone accountable at the same level so that we all pay our fair share. Reaching $1 Billion in returned taxable value to the tax base is an enormous accomplishment.”
Orange County Property Appraiser Rick Singh (Photo by Willie David / Florida National News)
The Orange County tax roll is comprised of the assessed value of all tangible personal property and real property within the county. Increasing the tax roll by returning taxable value that was previously withheld raises the overall assessed value that taxing authorities are able to tax.
Tangible Personal Property
Florida statutes require listing all personal property used by a business, such as computers, furniture, tools, and machinery on an annual tax return. Through an auditing process, all returns are thoroughly reviewed to ensure all TPP is claimed and valued.
Agricultural Classification Audits
Any AG classified property is thoroughly checked to ensure that the land is being used for bona fide agricultural purposes. If it is not, classification and exemption is removed.
Homestead and Other Exemptions Compliance
If a property is receiving a tax reduction from a homestead or another exemption and the owner of that property is abusing that privilege, OCPA investigates and revokes the exemption.
Since his 2012 election to the office, Singh has focused on putting taxpayers first by elevating the functions of the office through training and technology to increase the skills of the office’s appraisal staff.
Returning $1 billion to the tax roll will benefit the area for years to come. The resulting increased revenue can help fund schools, infrastructure, and parks in Orange County. “Remember, when we all pay our fair share, we all pay less,” added Singh. “This has more meaning than ever as we celebrate reaching this landmark achievement.”
ORLANDO, Fla. (FNN Sports) – Russell Henley wins his first red cardigan at the Arnold Palmer Invitational, today, along with $4 million of the $20 million prize pool. The red cardigan was first awarded in 2017, in memory of Arnold Palmer who passed the year before. This is Henley’s fifth win on the PGA Tour.
Russell Henley is greeted by his family on the 18th green after winning the Arnold Palmer Invitational (Photo credit: Mike Brodsky, Florida National News)
Henley finished at 11 under par for the four day tournament, carding a 70 today. Collin Morikawa finished in second place at 10 under par. API defending champion, Scottie Scheffler, finished today at 4 under par, tied for 11th place.
Scottie Scheffler tees off at the Arnold Palmer Invitational (Photo Credit: Mike Brodsky, Florida National News)
This coming week, the top golfers head to TPC Sawgrass in Ponte Vedra, for The Players Championship. The winner will walk away with $4.5 million of the $25 million up for grabs. This is the PGA Tour’s largest regular season purse. Stay tuned to www.FloridaNationalNews.com for more.
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ORLANDO, Fla. (FNN Sports) – Scottie Scheffler wins his second red cardigan at the Arnold Palmer Invitational, today, along with $4 million of the $20 million prize pool. The red cardigan was first awarded in 2017, in memory of Arnold Palmer who passed the year before. Scheffler first won the API in 2022.
Scottie Scheffler wins the Arnold Palmer Invitational. (Photo credit: Mike Brodsky, Florida National News)
The number one ranked golfer in the world, Scheffler finished at 15 under par for the four day tournament, carding a 66 today. Wyndham Clark finished in second place at 10 under par. API defending champion, Kurt Kitayama, did not make the cut, this weekend, finishing 7 over par after the first two rounds on Thursday and Friday.
This coming week, the top golfers head to TPC Sawgrass in Ponte Vedra, for the 50th anniversary of The Players Championship. The winner will walk away with $4.5 million of the $25 million up for grabs. This is the PGA Tour’s largest regular season purse. Stay tuned to www.FloridaNationalNews.com for more.
