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THE BEST VISION IS INSIGHT

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STONEYBROOK SOUTH

Stoneybrook South Update - March 2008

READY FOR LEASING

… look for the landscaping to go in shortly ….

U.S. Hwy #27 next to Tierra Del Sol

TIERRA DEL SOL Progress Continues As Well

Tierra Del Sol Update - March 2008

RESORT DEVELOPMENT MOVING QUICKLY

… for those expecting to see empty ground, you will be more than surprised …

Hwy #27 between U.S #192 & I-4

GRANDE PALISADES - March 2008 Update

Grande Palisades Update - March 2008Grande palisades Update - march 2008

LAKE AUSTIN PRESERVE

… work continues upward on this great resort…

C.R. #545 (Avalon) just north of U.S. #192

Florida Tax Rate (Millage Explanation)

Set by the taxing authority for the governmental unit within which the property is located. The Florida Constitution directly authorized counties, school districts, and municipalities to levy ad valorem taxes. It also provides that special districts may be created and authorized by law to levy ad valorem taxes. The tax rate is determined by dividing the tax authority’s proposed spending by the total taxable value of all non exempt property within the taxing district.

The total tax rate is the combined tax rates (millage’s) of all taxing authorities having jurisdiction over property in the county. That part of the rate for general county operations and maintenance is constitutionally limited to a maximum of ten mills and is set by the county commissioners. The remainder of the county tax rate consists of various referendum-approved debt service millage for bonds and millage required by state law. Also, school districts and municipalities are limited to a maximum of ten mills for operations and maintenance. The Florida Constitution provides that no state ad valorem tax will be levied.

However, each year the legislature prescribes a required local millage for each school district to provide revenue for the Florida Education Finance Program. Each special district tax rate is levied by the district taxing authority against the property lying within the special district itself. Such districts include hospital, drainage, and lighting districts. Special districts are usually less than county-wide; some districts, such as the water management districts, may cover several counties. Each tax bill consists of the total of all millage applicable to the particular property. The tax bill also includes the related taxes due for all the taxing authorities having jurisdiction over the property.

- Orange County Property Appraiser -

What is property tax ‘Portability’ in Florida?

Answer:  It’s the ability to transfer the dollar benefit of the homestead property assessment limitation known as the “Save Our Homes” benefit from a prior homestead to a subsequent homestead. The portable amount is the difference between market value and assessed value.

Example: 2007 Certified Market Value from prior homestead  ($250,000) minus 2007 Certified Assessed Value from prior homestead ($150,000) equals Portable Amount ($100,000).

Looking For Commercial Premises?

The Shoppes At Vista Del Lago complex on west US192 has commercial units available to lease:

Another “Ayers Rock” Phenomenon

Just off Goodman Road, close to Westside Blvd:

West Kissimmee Goes Up-Market?

Happy Trails has its share of impressive homes but this new construction raises the bar:

Demographics…

Did you know?

The United States is adding one person every 13 seconds.  In the beginnning of 2008, the U.S. population stood at better than 303 million, up 3 million from 2007.

Long term… housing has no where to go but up.

New Fifth Third Bank On Westside Blvd.

Getting ready for business:

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