§ 2-335. Exclusion from rolled-back rate calculation and property appraiser certification.
Latest version.
The tax increment revenues created by this division shall be dedicated, paid and applied
to finance essential transportation infrastructure, and shall be considered "dedicated
increment value" pursuant to F.S. § 200.001(8)(h). As dedicated increment value, the
tax increment revenues shall be excluded from the calculation of the maximum ad valorem
millage rate (the rolled-back rate) required by F.S. §§ 200.065 and 200.185. Pursuant
to F.S. § 200.001(8)(h), on or before May 1, 2012, Pasco County shall certify to the
Pasco County property appraiser the boundaries of the Pasco County transportation
district as of May 1, 2012, and the base taxable valuation date, which shall be the
date of the assessment roll utilized for the first tax increment calculation. If the
boundaries of the Pasco County transportation district change after May 1, 2012, as
a result of participating municipalities, or if the base taxable valuation date changes,
Pasco County shall update the property appraiser certification required by F.S. §
200.001(8)(h). Any change in the certification to the property appraiser provided
after May 1 of any year shall not be used for the current year's certification.
