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HomeMy Public PortalAboutOctober 1, 1991; Assessed ValuesTOWN OF GULF STREAM PALM BEACH COUNTY, FLORIDA COMMISSIONERS October 1, 1991 MAIL ADDRESS 1D0 SEA ROAD WILLIAM F. KOCH, JR.. Mayor GULF STREAM. FLORIDA ALAN I. ARMOUR, Vice Mayor 33487 JAMES E. Cfl055 TEL.. GULF STREAM 14071276-5116 KATHLEEN S. WALLACE LAWRENCE E. STAHL Town Manager E. Scott Harrington Dear Property Owners: As we are all very aware, the County Property Appraisers Office has increased the assessed values of our Town in the last year an average of 46$ with some individual properties increased by as much as 300%. As Mayor, I felt I would be remiss if I did not make some effort to determine t1' -fairness of these increases. Accordingly, I have met and spoken with a number of organizations including: the appraisers office; the Palm Beach Committee for Good Government, a political action committee; a local South County Homeowners Association; residents of Hobe Sound who face similar problems in Martin County; and, our own Civic Association as well. From these meetings, it is clear that most waterfront communities experienced the same sort of large increases that we did. Unfortunately, it is also clear that there are great inequities and problems in the appraisal process that will take some time to correct. Nevertheless, there is a growing number of individuals and groups who are determined to bring about a change in the process. Two avenues which are gaining rapid support are the following: Addressing the inequities at the local level by contracting an independent appraiser to compare waterfront assessments with other developments in the county. 2. Working at the State level to reform the Homestead Exemption Act and/or place a cap on assessment increases while a property remains under the same ownership. The citizens groups I met with intend to pursue one or both of these options and I will continue to monitor their progress. Regardless of their successes,it is incumbant upon taxpayers county and state wide to demand accountibility from all taxing authorities. Property appraisers are only one part of the tax equation. The other is those bodies who levy the tax and collect the revenues. To this end, the Town Commission and Staff worked hard to adopt a budget with no tax increase, something that very few taxing bodies in the State achieved. As taxpayers, we need to insure all of those collecting the tax are truly responsive to the needs of their constituents and not their own political agendas. I would appreciate any input you may have regarding this matter and be assured that your Town Commission will do everything they can to represent ffliamF. ch, J Mayor