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Pinellas property appraiser: storms drove taxable-value decline in places; recapture and calamity rules will affect bills
Summary
The property appraiser reported countywide taxable values rose modestly despite market dips, explained how Save Our Homes recapture can raise taxable value after storms, and said new tools—FEMA letters and a 'calamity calculator'—will be available to affected owners.
Pinellas County’s property appraiser briefed commissioners on preliminary tax-roll numbers and post-storm valuation rules, saying storm-related demolitions pushed new construction net growth into the negative and will affect tax bills as communities recover.
Property appraiser Mike Quitty told the commission his office delivered June 1 estimates and is refining those ahead of the Department of Revenue (DOR) preliminary roll on July 1. He said countywide market value moved slightly down in aggregate while taxable value — the number used for budgeting — still rose in part because of assessment caps. “We delivered our…
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