Summary
To: Town Commission
From: Town Staff
Date: 7/17/2018
______________________________________________________________________
Subject:
Title
Presentation on the Third Homestead Exemption by the Pinellas County Property Appraiser
Summary:
On November 6, 2018, Florida residents will vote on Amendment 1 - a proposed third homestead exemption. If passed, this exemption will impact local government funding. As a result, Pinellas County Property Appraiser, Mr. Mike Twitty has generously offered to make a presentation to the Belleair Town Commission tonight to help us better understand Amendment 1 and its implications.
End
Body
Previous Commission Action: N/A
Background/Problem Discussion: In 2017, the Florida Legislature voted to place Amendment 1 on the ballot. Since then, the Florida League of Cities, the Pinellas County Property Appraiser’s Office, and several other organizations have been working to better explain and communicate the reality of this amendment.
Pinellas County Property Appraiser, Mr. Mike Twitty is in attendance tonight and has brought with him a slideshow presentation explain this amendment and exemption to the Commission and the residents in attendance.
Expenditure Challenges N/A
Financial Implications: Mr. Twitty will discuss property tax implications that could result from Amendment 1.
Recommendation: N/A
Proposed Motion N/A