Transcript BCPAO Presentation - Bay County Property Appraiser
Contact Information
860 W. 11 th Street Panama City, FL 32401 (850)248-8401
baypa.net
Dan Sowell, CFA Property Appraiser
Responsibilities of the Property Appraiser
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To locate, identify, and accurately appraise all properties subject to ad valorem taxes.
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To maintain property value roll equity and fairness.
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To process allowable exemptions.
WE MEET OUR RESPONSIBILITIES BY:
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Conducting Frequent Reappraisals.
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Hiring and Retaining a Professional Staff.
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Making Market Data Available.
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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 Bay County Commission School Board Fire Districts Water Management District Mosquito Control Basic County Rate 2011 MILLAGE RATE 3.6500
7.1180
1.0000
.0400
.1525
11.9605
CITY LIVING
CITY BASIC COUNTY RATE ADD CITY MILLAGE Parker 10.9605
Springfield 10.9605
Panama City Beach Callaway Lynn Haven Panama City 10.9605
10.9605
10.9605
10.9605
Mexico Beach PC DIB 10.9605
10.9605
2.7324
3.0887
3.9095
4.7300
6.7533
ADD BEACH MOSQUITO CONTROL .1438
TOTAL 2011 MILLAGE RATE 10.9605
10.9605
10.9518
13.6929
14.0492
14.8700
15.6905
17.7138
18 16 14 12 10 8 6 4 2 0
MILLAGES BY LOCATION
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 2011 Millage Rate
County Commission Callaway Lynn Haven Mexico Beach Parker Panama City Beach Panama City City of Springfield PC DIB County Mosquito PCB Mosquito Control School Discretionary Fire Districts NFWWMD 3.65
2.7324
3.0887
4.73
0 0 3.9095
0 6.75
0.1525
.1438
7.118
1.000
.0400
Taxable Property Value
14,325,374,403 504,285,994 1,016,225,637 362,789,309 199,863,220 3,633,988,101 2,175,158,484 196,260,147 60,563,508 6,068,463,791 7,318,263,357
Estimated 2011 Revenue
$ 52,287,617 $ 1,377,911 $ 3,138,816 $ 1,715,993 $ $ $ 8,503,782 $ $ 408,804 $ 925,441 $ 1,052,366 15,482,775,446 5,766,987,829 14,662,850,736 $ 110,206,396 $ 5,766,988 $ 586,514
BAY COUNTY PROPERTY DATA
PROPERTY DEMOGRAPHICS
TYPE OF PROPERTY
TOTAL NUMBER OF PARCELS SINGLE FAMILY PARCELS HOMESTEADED PARCELS VACANT RESIDENTIAL MOBILE HOMES COMMERICAL AGRICULTURAL GOVERNMENTAL/INSTITUTIONAL MISC
NUMBER OF PARCELS
113,231 53,933 39,751 19,268 8,992 6,041 1,144 1,692 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 < AGRICULTURE EXEMPTION ACRES WITH AN
--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 EXEMPT TAXABLE $17.2 $4.3 $12.9
Bay County Real Property Values $ in Billions
Value Decline by Property Types
TAXABLE VALUE BY TYPE $ Are Billions
NEW CONSTRUCTION
CATEGORY
HOMESTEAD DISABILITY GOVERNMENT REGILIOUS/NON PROFIT
EXEMPTED VALUES $ IN BILLIONS VALUE
1.843
.130
2.00
.378
NUMBER OF PARCELS
39,758 4,552 1,114 729
EXEMPTIONS AND AMOUNT
Homestead Seniors Disabled Widowed Deployed Military Veterans Veterans % Disability $50,000 $50,000 $500 $500 % of total tax for time spent in combat zone $5,000 % of Combat Disability T&P (sc/nsc) 100% of Tax. Value
Home Sales and Homestead E
xemption
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 1 st 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