BCPAO Presentation - Bay County Property Appraiser

Report
Contact
Information
860 W. 11th Street
Panama City, FL 32401
(850)248-8401
baypa.net
Dan Sowell, CFA
Property Appraiser
Responsibilities of the Property Appraiser
•To locate, identify, and accurately appraise all
properties subject to ad valorem taxes.
•To maintain property value roll equity and
fairness.
•To process allowable exemptions.
WE MEET OUR RESPONSIBILITIES BY:
•Conducting Frequent Reappraisals.
•Hiring and Retaining a Professional
Staff.
•Making Market Data Available.
•Keeping Property Owners Informed.
The Property Appraiser has NO jurisdiction or
responsibility for district budgets, tax rates,
special assessments, or determining the amount
of taxes you pay. These matters are handled by
the various taxing authorities; i.e. the county
government, city government, school board and
other taxing districts.
BAY COUNTY TAXING AUTHORITIES
NON MUNICIPAL TAXING AUTHORITIES
TAXING AUTHORITY
2011 MILLAGE RATE
Bay County Commission
3.6500
School Board
7.1180
Fire Districts
1.0000
Water Management
District
.0400
Mosquito Control
.1525
Basic County Rate
11.9605
CITY LIVING
CITY
BASIC COUNTY
RATE
ADD CITY
MILLAGE
-
ADD BEACH
MOSQUITO
CONTROL
TOTAL
-
10.9605
2011
MILLAGE
RATE
Parker
10.9605
Springfield
10.9605
Panama
City Beach
10.9605
Callaway
10.9605
2.7324
13.6929
Lynn
Haven
10.9605
3.0887
14.0492
Panama
City
10.9605
3.9095
14.8700
Mexico
Beach
10.9605
4.7300
15.6905
PC DIB
10.9605
6.7533
17.7138
10.9605
.1438
10.9518
MILLAGES BY LOCATION
18
16
14
12
10
8
6
4
2
0
ESTIMATING PROPERTY TAXES
 Basic Formula
Taxable value/1000*millage rate=taxes
 Example of house located in Lynn Haven with
taxable value of $100,000
$100,000/1000=100 X 14.0492(Lynn Haven 2011
millage rate)= $1404.92
ESTIMATED 2011 PROPERTY TAX REVENUE
BY TAXING AUTHORITY
Taxing Authority
County Commission
2011 Millage Rate
Taxable Property
Value
Estimated 2011
Revenue
3.65
14,325,374,403
$
52,287,617
Callaway
2.7324
504,285,994
$
1,377,911
Lynn Haven
3.0887
1,016,225,637
$
3,138,816
4.73
362,789,309
$
1,715,993
Parker
0
199,863,220
$
-
Panama City Beach
0
3,633,988,101
$
3.9095
2,175,158,484
$
8,503,782
0
196,260,147
$
-
6.75
60,563,508
$
408,804
County Mosquito
PCB Mosquito
Control
0.1525
6,068,463,791
$
925,441
.1438
7,318,263,357
$
1,052,366
School Discretionary
7.118
15,482,775,446
$
110,206,396
Fire Districts
1.000
5,766,987,829
$
5,766,988
Mexico Beach
Panama City
City of Springfield
PC DIB
-
BAY COUNTY PROPERTY DATA
PROPERTY DEMOGRAPHICS
TYPE OF PROPERTY
TOTAL NUMBER OF PARCELS
NUMBER OF
PARCELS
113,231
SINGLE FAMILY PARCELS
53,933
HOMESTEADED PARCELS
39,751
VACANT RESIDENTIAL
19,268
MOBILE HOMES
8,992
COMMERICAL
6,041
AGRICULTURAL
1,144
GOVERNMENTAL/INSTITUTIONAL
1,692
MISC
2022
BAY COUNTY LAND USE
 --INCLUDING WATER SURFACE BAY COUNTY CONSISTS OF 1033 SQ
MILES. LAND AREA ALONE IS 764 SQ MILES OR 488,960 ACRES.
 --THERE ARE 113,231 TOTAL PARCELS OF LAND IN BAY COUNTY
 --THERE ARE 1144 PARCELS DESIGNATED AS AGRICULTURE IN BAY
COUNTY
 ---70 OF THE 1144 PARCELS ARE DESIGNATED AS IMPROVED AG,
HAVE SMALL ACREAGE AND HAVE BEEN HOMESTEADED

 --CURRENTLY THERE ARE
290,000> or < ACRES WITH AN
AGRICULTURE EXEMPTION
 --TIMBER DONIMATES AGRICULTURE IN BAY COUNTY WITH 991
PARCELS OF VARING TYPES and SIZES
BAY COUNTY LAND USE
 ST JOE PAPER COMPANY 156, 029 ACRES
 BEAR CREEK TIMBER, LLC 38,844 ACRES
 PROFUNDUS HOLDING 27,526 ACRES
 PLUMB CREEK TIMBER 5,947 ACRES
 CEDAR CREEK RANCH 3,012 ACRES
 ACCL/BAY PROPERTIES 2,320 ACRES
BAY COUNTY LAND USE
BAY COUNTY LAND USE
BAY LAND USE
BAY LAND USE
BAY COUNTY LAND USE
TAXABLE PROPERTY VALUES
$ IN BILLIONS
 ASSESSED
$17.2
EXEMPT
$4.3
TAXABLE
$12.9
Bay County Real Property Values
$ in Billions
Value Decline by Property Types
TAXABLE VALUE BY TYPE
$ Are Billions
NEW CONSTRUCTION
EXEMPTED VALUES
$ IN BILLIONS
CATEGORY
VALUE
NUMBER OF
PARCELS
HOMESTEAD
1.843
39,758
DISABILITY
.130
4,552
GOVERNMENT
2.00
1,114
REGILIOUS/NONPROFIT
.378
729
EXEMPTIONS AND AMOUNT
Homestead
$50,000
Seniors
$50,000
Disabled
$500
Widowed
$500
Deployed Military
% of
total tax for time spent
in combat zone
Veterans
Veterans %
Disability
$5,000
% of Combat
Disability
T&P (sc/nsc)
100% of Tax. Value
Home Sales and Homestead Exemption
 When a homesteaded property sells, the exemption (any
exemption) stays with the property for the year in which
the sale took place.
 The new owner must file for the homestead in their name
by March 1st of the year following the sale.
 The value goes to market value for the new buyer as the
previous owner’s cap no longer applies. This increase can
be lessened if the buyer is able to port their cap from a
previously homesteaded property.
 Deployed Military Property Tax Exemption – New Constitutional
Amendment

CS/HJR 833 (Adopted).
The legislature passed a resolution providing that deployed military personnel receiving homestead
exemption will receive an additional percentage exemption equal to the number of days that they are
deployed during a calendar year divided by 365. The measure appeared on the ballot in 2010 and passed.
The exemption was effective for the 2011 tax year. Must be in support of the following operations:
--Iraqi Freedom
--Enduring Freedom
--New Dawn
--Noble Eagle (2012)
BP OIL SPILL
(DEEP HORIZONS)
 NO DISCERNABLE IMPACT ON PROPERTY
VALUES
Bay County Property Appraiser’s
Achievements
 Sponsored Roundtables With Area Business, Governmental and





Educational Leaders
Increased Community Awareness of Available Exemptions and
made Exemption Filing Even Easier
A concerted effort to reduce petitions filed with the Value
Adjustment Board (VAB) resulted in a significant savings to the
county.
Consolidated the Lynn Haven and Beach Branches with the main
office
Continued to Assess Property at the lowest value possible
Continued Aggressive Homestead Exemption Fraud Program, which
and added $10.9 million of taxable value to tax roll
2012 Objectives
 Seek Additional Property Tax Relief for the Widowed
and Disabled
 Enhance Our Website with More Features and
Information
 Seek approval to e-mail TRIM notices beginning in
2012
2012 LEGISLATIVE SESSION
Bills of Interest Related to Property Taxes
--Recapture Rule (Value down and Assessment Up)
--Non homesteaded (Assessment limited to 5% versus 10%)
--Increases Tangible Personal Property Exemption from $25,000 to $50,000
--Taxing authorities could totally exempt property taxes for low income
individuals who are at least 65 years old and have permanently resided on
the property for at least 25 years
PARTNERS WITH THE COMMUNITY
WE SUPPORT OUR TROOPS

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