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Rick Singh Report

Final Certification of the 2019 Tax Roll

This month, Rick Singh certified the final 2019 Orange County tax roll, and it was approved by the Florida Department of Revenue shortly after. This year's tax roll reflects record-breaking growth across residential, commercial, and tangible personal property values in the county.

The county's overall market value topped $208.7 billion. This value is comprised of historic residential ($94.9 billion), commercial ($98 billion), and Tangible Personal Property ($15.8 billion) market values.

The additional tax revenue generated by Orange County's increase in market values can be applied to schools, roads, and other community projects that will benefit Orange County families for years to come.

For more information, click here to watch a topical video on our YouTube channel.

OCPA to Return Significant Revenue to Orange County

Through an array of cost-containment processes and scrupulous financial management, the Orange County Property Appraiser's Office (OCPA) will return more than $1.87 million to Orange County. Most of the money - some $1.43 million - was saved through expert oversight and stewardship of operating funds. In addition to the $1.43 million of savings in operating expenses, OCPA experienced a reduction in legal expenses - 27% less than in 2018 - saving an additional $441,000.

Moreover, even while carefully managing expenses and saving taxpayers money, the office continues to have the highest assessment accuracy rating from the Department of Revenue for comparably sized counties in Florida. In addition, the office's success rate for defending its property values at the Value Assessment Board - where property owners can contest their assessments - is 99.9%.

Bright Lights Big County: Holiday Lights Crowdsourced Map

As we enter into the holiday season, OCPA would like to give back to our community by giving the gift of holiday cheer.

Back for a second year, the Bright Lights Big County: Holiday Lights Crowdsourced Map is one of the best ways to get into the holiday spirit. This unique, interactive tool allows residents to easily share and enjoy all the beautiful, glimmering lights that fill the streets of Orange County at this time of year.

OCPA invites residents to show off their own decorated property by uploading a photo of their home or business. OCPA adds submissions to the map, which residents and visitors can use to see the best holiday light displays in their area.

The map will go live in early November and will remain accessible until the new year. Whether you have taken the time to decorate your home or business, or just enjoy looking at holiday lights, OCPA hopes all Orange County residents will find the crowdsourced map enjoyable.

This year, driving to see holiday lights is easier than ever! Download the OCPA App today to access decorated homes while on the road with family and friends.

Breast Cancer Awareness Month

The Property Appraiser's office commemorated Breast Cancer Awareness Month in October. Our staff stands with the women and families impacted by breast cancer, and supports ground-breaking research and early detection screenings.

#OCPANow: Outreach Initiatives

As Rick Singh always says, "to serve a community, you must know a community." OCPA's outreach initiatives offer a great opportunity for staff to serve constituents in a more relaxed, comfortable environment. To learn more about our outreach program, watch our latest #OCPANow video above.

Market News

Tourism-related industries continue to be an economic driver in Orange County, representing billions of dollars in property value alone. But away from high-profile locations like theme parks, the International Drive area is booming as well. The area was among the very first sites in Central Florida to be developed in anticipation of the 1971 opening of Walt Disney World. At that time, the region consisted of nearly 40 acres.

Now a bustling thoroughfare of lodging, dining, entertainment and shopping, anchored at its south end by a world-class convention center, International Drive's market value has more than doubled in just the last six years, jumping from $5.7 billion in 2013 to $12.2 billion in 2019.

The resulting property taxes generated by this increase in value totaled some $168 million in 2019 - up 86% since 2013's total of just over $90 million.

While there's no doubt that tourism - in this case, International Drive - contributes to Orange County's bottom line, do you believe we have enough diversity in our local economy? Head over to our Facebook page to chime in on the discussion.

National Association of Real Estate Brokers

On October 10, Rick Singh joined members of the National Association of Real Estate Brokers to discuss the unique challenges facing vulnerable communities in Orange County. His presentation included valuable information on national and local homeownership rates, and took a closer look at factors that impede buying a home.

National Association of Women in Construction

Rick Singh was pleased to speak with the members of the National Association of Women in Construction earlier this month. Mr. Singh's presentation focused on the changes in Orange County's market, and offered insights on booming new construction rates in Orange County.

The 2019 Central Florida Real Estate Forum

This month, OCPA's Commercial Real Estate Department participated in The 2019 Central Florida Real Estate Forum presented by the Appraisal Institute's East Florida Chapter. The forum took a look into the driving forces affecting the Central Florida real estate market now and 10 years into the future.

OCPA in the Community

This month, the OCPA team joined the community in a number of celebrations and educational events. Our staff met with residents, answered property-related questions, and explained available services and exemptions.

Commissioner Ortiz's Government Academy in Spanish - October 8

Come Out with Pride - October 12

Veggie Fest - October 26

Hunter's Creek Fall Festival - October 26

8th Annual Trunk or Treat - October 30

Fall Fiesta in the Park - November 2-3

Diwali Festival - November 2

Interfaith Community Barbeque - November 3

Orlando Jerk and Caribbean Culture Festival - November 3

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