2013 Summer Newsletter

Agricultural products of the area include tobacco, corn, peanuts, cotton, melons, timber and pulp- wood. Lake City is the location of the Osceola National Forest's administrative offices. The Lake City Gateway Airport is a local center of business. The airport is classified as a General Aviation facility, but two on-site operations are somewhat unique. TIMCO is an aircraft modifica- tion and rehabilitation operation for large (B-727, 737) civilian and military aircraft. The United States Forest Service uses C-130 transport aircraft

2012 Tax Roll At-A-Glance

Real Property Parcels

36,150

Tangible Accounts

2,418

Just (Market) Value

$4,096,041,360

Taxable Value

$2,212,323,151

Highest taxable value (TPP+RP)

$91,325,438

Target Corp. Distribution Center

in support of its forest fire-fighting operations in the southeast US.

Since 2000, four companies have begun large operations in Lake City: Hunter Panels, New Millen- nium and United States Cold Storage. [10] Target built their first company-owned and third-party- operated perishable food distribution center in Lake City during 2008. [11]

Hon. J. Doyle Crews was first elected in 1984 | Number of Employees: 17 | Website: www.columbia.floridapa.com

LEGISLATIVE UPDATE HB 247 relating to Paper Reduction (by Rep. Nelson)

Permits the clerk of a value adjustment board to electronically notify the tax- payer and property appraiser of the board’s decision in certain hearings if electronic means is selected by the taxpayer; Provides that certain ad valorem communications may be sent by e-mail in- stead of by regular mail if the intended recipient consents to receive such communications electronically, the recipient is notified that the e-mail ad- dress will become a public record, and the recipient’s e-mail address is veri- fied. Effective date: October 1, 2013

Hon. Roger A. Suggs, CFA, AAS, CCF

HB 267 relating to Real Property Liens and Conveyances (by Rep. Wood)

The bill removes the requirement to include the space for a social security number on a warranty deed. The bill further requires that a lien against real property must be recorded in the official records of a county in order to be valid. This bill only applies to liens entered by a governmental or quasi- governmental entity for services, fines, or penalties, and does not affect liens for taxes, non-ad valorem or special assessments, or utilities. The effective date of this bill is October 1, 2013. HB 277 relating to Assessment of Residential & Nonhomestead Real Property (Rep. Rehwinkle Vasilinda) This bill provides for partial implementation of the 2008 constitutional amendment. Specifically, the bill defines “renewable energy source device” and provides that a property appraiser may not consider the increase in the just value attributed to the installation of a renewable energy source device when

determining the assessed value of real property used for residential pur- poses. The bill specifies that the provision applies to new and existing resi-

Continued on next page

11

Summer 2013 Newsletter of the FCIAAO