How does the water management district’s purchase of land affect county tax rolls?
Sometimes, the District buys the “development rights” to property, meaning the land cannot be developed. It is essentially kept in its current or natural state. This practice keeps the property on the county tax roll and allows private landowners to continue using the land in ways that conserve it. Between 1980 and 2007, the total value of District land purchases has reduced overall county tax rolls (in its 18-county service area) by less than 0.05 percent. Local governments in counties with smaller populations and that file the required request are paid by the District the same amount in lost taxes on the property the District buys for 10 years.
Related Questions
- The South Florida Water Management District doesn have jurisdiction of an entire county in Central Florida. How can we tell if our property falls within the boundaries of the South Florida Water Management District?
- What is the affect of removing low taxable income producing vacant land from the tax rolls ?
- How does the water management district’s purchase of land affect county tax rolls?
