PTO Bulletin 18-02Property Tax Oversight Bulletin: PTO 18-02
To: Property Appraisers, Tax Collectors, Clerks of the Court, Boards of
County Commissioners, Taxing Authorities, and Interested Parties
From: Property Tax Oversight Program
Date: June 1, 2018
Bulletin: PTO 18-02
FLORIDA DEPARTMENT OF REVENUE
PROPERTY TAX INFORMATIONAL BULLETIN
Assessment of Citrus Fruit Packing and Processing Equipment Rendered
Unused Due to Hurricane Irma or Citrus Greening
The Legislature enacted chapter 2018-118, Laws of Florida. Section 10 of the law creates Section
193.4516, Florida Statutes, which provides that, for ad valorem taxation purposes and applying to
the 2018 tax roll only, tangible personal property that a citrus fruit packing or processing facility
owns and operates will have a market value no greater than its value for salvage, provided the
facility no longer uses the tangible personal property in its operation because of Hurricane Irma or
citrus greening. Also, the term “citrus” has the same definition as in s. 581.011(7), F.S.
Section 11 of the law provides that section 10 applies to the 2018 property tax roll.
The full text of the changes is available at http://laws.flrules.org/2018/118.
To facilitate reporting this one‐year ad valorem assessment reduction, the Department is adding a
temporary exemption code “Z” to the NAP assessment roll for the 2018 roll submission cycle. The
value to report with this code will be the difference between the market value and the salvage value
of the eligible tangible personal property.
Also include the assessment reduction on Form DR-489V, The 2018 Preliminary Recapitulation
of the Ad Valorem Assessment Roll, and DR-403V, The 2018 Revised Recapitulation of the Ad
Valorem Assessment Roll. Report the total just value of the eligible tangible personal property on
line 5, column II, and report the total assessed value on line 18, column II.
The 2018 Complete Submission and Roll Evaluation Standards document is on the Department’s
website at http://floridarevenue.com/property/Pages/Cofficial_CompleteSubRollEval.aspx.
The Department of Revenue has provided this bulletin for your general information. Please
distribute to your staff who may be affected by the changes in the law. If you have questions about
its contents, please send them to DORPTO@floridarevenue.com.