Dan Sowell, CFA Bay County Property Appraiser. Bay County Property Appraiser Contact Information Main Office 650 Mulberry Avenue Panama City, FL 32401 (850)784-4095 Beach Branch Lynn Haven Branch 301 Richard Jackson Blvd. 732 Ohio Avenue
Dan Sowell, CFA
Bay County Property Appraiser
650 Mulberry Avenue
Panama City, FL 32401
Beach BranchLynn Haven Branch
301 Richard Jackson Blvd. 732 Ohio Avenue
Panama City Beach, FL 32407Lynn Haven, FL 32444
Number of Properties:112,674 (73% SFR)
Units by year: 2004-11769; 2005-13,173; 2006-13,433; 2007-16,390
Single Family Home Parcels: 52,709
Homes Built Before 1940 1,696
Properties with Homestead Exemption 40,965
HX’s are 31% of total parcels and 20% of taxable value
Low Income Senior’s Exemption 2,671
Swimming Pools 9,032
Golf Courses 8
Highest Price Paid for a Single Family Home in 2008 2,300,000
New Houses Built in the Last 5 Years:
Number of parcels and acreage with agricultural classification
2003 1537 329,000 acres
2009 1125 262,000 acres
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.
THE 10% NON-HOMESTEAD ASSESSMENT CAP ONLY APPLIES TO THE NON-SCHOOL
PORTION OF YOUR TAX BILL. THEREFORE, THE SCHOOL PORTION OF YOUR TAX BILL
IS CALCULATED ON THE FULL MARKET VALUE OF YOUR PROPERTY.
A NON-HOMESTEAD PARCEL IN PANAMA CITY HAD A 2008 ASSESSMENT OF
$300,000. IN 2009 THE MARKET INDICATED AN ASSESSMENT OF $400,000.
PANAMA CITY’S 2008 MILLAGE RATE WAS 14.4598.
TOTAL TAXES OF $5245.14
IF THE 10% NON-HOMESTEAD ASSESSMENT CAP WAS NOT IN EFFECT, YOUR TAXES
WOULD BE $5783.92
THE 10% CAP SAVES YOU $538.78 IN THIS EXAMPLE.
$50,000 Homestead Exemption
10% cap on non-homesteaded
$25,000 Tangible Personal
Help for fiscally constrained counties
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 will appear on the ballot in 2010. If passed, the exemption will be effective for the 2011 tax year.
OTHER LEGISTLATIVE ACTIONS
Several bills were filed amending either the constitution or section 193.155 to eliminate the recapture of the Save Our Homes (SOH) assessment differential in years where the just value decreased. While HJR 1087 passed the House committees and was placed on the calendar, none of the other bills were voted out of the referenced committees. Thus, the resolutions were not passed.
This constitutional amendment limited the total aggregate ad valorem taxes levied by counties, municipalities, school districts and special districts on any parcel of real property to 1.35% of the highest taxable value of the property. It required the legislature to provide by general law for distribution of revenues collected on parcels that exceed the 1.35% limitation and applies the limitation to all property except for ad valorem taxes levied for the payment of local bonds issued to finance or refinance capital projects authorized by law when approved by a vote of the electors or to refund outstanding bonds, or levied for periods not longer than two years when authorized by a vote of the electors.
The resolutions regarding TABOR, i.e., taxpayer bill of rights, limited the growth of local governments from the 2010-2011 fiscal year to the combined rate of inflation and population change in subsequent years absent a vote of the electors. These resolutions did not pass.
Several years ago, disabled veterans were provided a discount from property taxes equal to the percentage of their disability if they were a Florida resident at the time they entered the service. This amendment removed the requirement that the disabled veteran be a Florida resident at the time he or she entered the service. These resolutions did not pass.
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