Ranking of taxable property published
By JAMES THORNER, Times Staff Writer
Pasco County officials have published a breakdown of taxable property according to voting precinct, possibly with an eye toward creating localized taxing districts to pay for services such as parks.
The richest precinct in taxable property is the 100th precinct based around Seven Springs Middle School near Trinity. It tops the list at $324-million.
Second and third on the list are the two precincts, the 109th and the 110th, at the Land O'Lakes Recreation Complex. Taxable property for the 109th is $323-million. For the 110th it's $264-million.
Coming in fourth is the 132nd Precinct, centered on the Meadow Pointe Clubhouse in Wesley Chapel, with $240-million in taxable property. The 112th precinct, which includes Saddlebrook Resort in Wesley Chapel, comes in fifth at $226-million.
Homes aren't necessarily ritzy in the wealthiest precincts. Most often, property totals are high through sheer number of residents. The 109th in Land O'Lakes is the most populous at 5,860.
Saddlebrook's precinct is an exception: At 1,606 residents it has less than a third of the population of the 110th precinct with only a slightly lower taxable value.
County Property Appraiser Mike Wells, who compiled the list last month for County Administrator John Gallagher, said the goal is to slice the county into districts that might benefit from some government service.
After failing last year to approve a countywide taxing district to pay for parks, the county has considered narrowing the district to the area arguably most in need of public recreation: Wesley Chapel.
The proposed taxing district is boxed by State Road 52, Interstate 75, County Line Road and Morris Bridge Road. Precinct information would help county administrators set a tax rate that could go before the voters in a referendum.
"There's no question it's needed," Wells said of money to pay for parks in Wesley Chapel.
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