Item Coversheet

CITY OF RIVIERA BEACH CITY COUNCIL
AGENDA ITEM SUMMARY

Meeting Date: 12/2/2015 
Agenda Category:PRESENTATIONS

Subject: 
PRESENTATION BY THE PALM BEACH COUNTY PROPERTY APPRAISER'S OFFICE ON SPECIFIC VALUE, EXEMPTION AND OTHER PROPERTY TAX RELATED MATTERS.


Recommendation/Motion: STAFF RECOMMENDS PRESENTATION.

Originating Dept EXECUTIVE  Costs NONE APPLICABLE 
User Dept. Funding Source
AdvertisedNo Budget Account Number
Date   
Paper   
Affected PartiesNot Required   

Background/Summary: 
IN JUNE 2015, PALM BEACH COUNTY PROPERTY APPRAISER GARY R. NIKOLITS, CFA, PROVIDED THE CITY WITH AN ESTIMATE OF THE TAXABLE VALUES OF ALL PROPERTIES WITHIN THE CITY'S JURISDICTION.  THIS ALLOWED THE CITY TO REFINE ITS ESTIMATED AD VALOREM TAX REVENUE PROJECTIONS.  JULY 1ST, AFTER THE PROPERTY APPRAISER'S OFFICE COMPLETED ITS ANNUAL VALUATION PROCESS, THE CITY WAS PROVIDED THE PRELIMINARY TAXABLE VALUE WHICH IS USED TO DETERMINE THE PROPOSED TAX RATE.  IT IS THE DESIRE OF THE PROPERTY APPRAISER'S OFFICE TO MAKE A BRIEF PRESENTATION ON SPECIFIC VALUE, EXEMPTION AND OTHER PROPERTY TAX RELATED MATTERS. 
Fiscal Years
Capital Expenditures
Operating Costs
External Revenues
Program Income (city)
In-kind Match (city) 
Net Fiscal Impact
NO. Additional FTE Positions
(cumulative)

III. Review Comments

A. Finance Department Comments:
 
B. Purchasing/Intergovernmental Relations/Grants Comments:
 
C. Department Director Review:
Contract Start Date 
Contract End Date
Renewal Start Date
Renewal End Date
Number of 12 month terms this renewal
Dollar Amount
Contractor Company Name
Contractor Contact
Contractor Address
Contractor Phone Number
Contractor Email
Type of Contract
Describe
REVIEWERS:
DepartmentReviewerActionDate
DepartmentMitchell, DorothyApproved10/21/2015 - 1:19 PM