Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Florida |
Effected Jurisdiction: | Palm Beach County |
Jurisdiction type: | County |
Fiscal year ending In: | 2018 |
Program name: | Historic Property Tax Exemption |
Program purpose: | Historic Preservation |
Statutory authority: | Article VII, Section 3 of the Florida Constitution |
Abating jurisdiction(s): | Palm Beach County, Florida |
Applicable taxes: | Property Tax Property Tax |
Method of abatement: | Tax Exemption |
Provisions for recapture: | In the event of the non-performance or violation of the maintenance provision of the covenant by the owner or any successor-in-interest during the term of the covenant, the Local Historic Preservation Office will report such violation to the Property Appraiser and Tax Collector who shall take action pursuant to s. 196.1997 (7), F.S. The Owner shall be required to pay the difference between the total amount of taxes which would have been due in March in each of the previous years in which the covenant was in effect had the property not received the exemption and the total amount of taxes actually paid in those years, plus interest on the difference calculated as provided in s. 212.12 (3) F.S. |
Gross revenue loss: | $131,994 |
Reimbursement / offset: | $0 |
Net revenue loss: | $131,994 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |
Document source: | https://www.mypalmbeachclerk.com/departments/finance/county-financial-in... |