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2010 Trim Notice Millage Rates

WCTA avatar
WCTABeach Lover
2,851 views
All budget workshops have now been held and the maximum millage rates for the 2010 tax year have been set.

Remember that these rates can be reduced during the budget Hearing Process but cannot be increased.

Taxing authorities in green reduced their millage rate, those in blue kept their millage rate the same and those in red increased the millage rate.

Our Calculations indicate that approximately 43% of the property owners in Walton County will see their tax bills increased and approximately 57% will see a decrease in their total property tax bill.

Trim Notices should be mailed to all property owners on August 21st.

Edited

Replies

14
SHELLY avatar
SHELLYSoWal Insider
#2
Our Calculations indicate that approximately 43% of the property owners in Walton County will see their tax bills increased and approximately 57% will see a decrease in their total property tax bill.

How did you calcuate the increase/decrease percentages identified in your above post?
WCTA avatar
WCTABeach LoverAuthor
#3
How did you calcuate the increase/decrease percentages identified in your above post?


We have parcel data on all properties for the past two years. We looked at the data by area (Freeport, DeFuniak Springs, South Walton, and County other). We know which parcels have homesteads, how long the homestead has been in place. We then compared parcels against the average increase/decrease in each of those areas.

We also looked at sales within each area and compared to taxable value before and after the sale. It was alot easier to find new construction, because that number is very small compared to prior years.

Once you know those things calculating the tax bill is very easy once the maximum millage rates are known.

Is it exact - no - is it close to reality - yes, we think so.
wrobert avatar
wrobertBeach Fanatic
#4
:blush:
We have parcel data on all properties for the past two years. We looked at the data by area (Freeport, DeFuniak Springs, South Walton, and County other). We know which parcels have homesteads, how long the homestead has been in place. We then compared parcels against the average increase/decrease in each of those areas.

We also looked at sales within each area and compared to taxable value before and after the sale. It was alot easier to find new construction, because that number is very small compared to prior years.

Once you know those things calculating the tax bill is very easy once the maximum millage rates are known.

Is it exact - no - is it close to reality - yes, we think so.


Pretty easy to look at that chart and tell which boards have the real fiscal conservatives.
Matt J avatar
Matt JSWGB
#5
Isn't there a disclosure that should be made regarding WCTA and the Mosquito board?
WCTA avatar
WCTABeach LoverAuthor
#6
Isn't there a disclosure that should be made regarding WCTA and the Mosquito board?

Not sure exactly what disclosure you mean because WCTA is not one person. We use that user name when our members post on this site on studies, polls and items of interest to the citizens of Walton County, but I am the primary poster. When our members post under the WCTA userid the organization has approved the study, poll or content.

If you are referring to a disclosure concerning my service as a Mosquito Commissioner, I assumed that most, if not all knew that I served in that capacity along with two other individuals.

I have posted comments under the WCTA userid and identified myself by name on several occasions.

Maybe it would serve the Sowal community better if each person that posts under the WCTA name identified themselves on their postings. We have a board meeting tomorrow and I will bring it up for discussion.

If my disclosure is not what you were referring to I am sure that you will let me know.

Bob Hudson
Matt J avatar
Matt JSWGB
#7
Not sure exactly what disclosure you mean because WCTA is not one person. We use that user name when our members post on this site on studies, polls and items of interest to the citizens of Walton County, but I am the primary poster. When our members post under the WCTA userid the organization has approved the study, poll or content.

If you are referring to a disclosure concerning my service as a Mosquito Commissioner, I assumed that most, if not all knew that I served in that capacity along with two other individuals.

I have posted comments under the WCTA userid and identified myself by name on several occasions.

Maybe it would serve the Sowal community better if each person that posts under the WCTA name identified themselves on their postings. We have a board meeting tomorrow and I will bring it up for discussion.

If my disclosure is not what you were referring to I am sure that you will let me know.

Bob Hudson

That was it, and thank you for being up front about it.

As to multiple people posting through one screen name you might want to clear that through kurt, I know people have been banned in the past. While we may not agree on everything your organization does serve a purpose and has brought quite a few things to light.
Bob Wells avatar
Bob WellsBeach Fanatic
#8
I have a question, some friends and I are having a disagreement, I say that once the tentative millage rate is set it can not be increased without some sort of emergency action. In order to address this issue and put this disagreement to rest, can someone please cite the law/ rule so I may look it up. Unfortunately GOOGLE has not been overly helpful. Thanks
WCTA avatar
WCTABeach LoverAuthor
#9
I have a question, some friends and I are having a disagreement, I say that once the tentative millage rate is set it can not be increased without some sort of emergency action. In order to address this issue and put this disagreement to rest, can someone please cite the law/ rule so I may look it up. Unfortunately GOOGLE has not been overly helpful. Thanks

You are correct in that once the TA sets and notifies you of their proposed maximum millage rate they are unable to raise that maximum, but can lower it during the Public Hearing process.

Section 200.065(3), Florida Statutes - Method of fixing millage

BH

Edited

wrobert avatar
wrobertBeach Fanatic
#10
Isn't there a disclosure that should be made regarding WCTA and the Mosquito board?


I think we all should take notice that the one public taxing authority with an active member of the WCTA sitting on it, actually LOWERED the millage rate during these tough economic times.
gmarcBeach Fanatic
#11
when do the tax bills go out?most states i believe the tax bill goes out in august and is due in oct. so the tax bill that is due in oct 2009 is what what year? is that for 2008?
WCTA avatar
WCTABeach LoverAuthor
#12
when do the tax bills go out?most states i believe the tax bill goes out in august and is due in oct. so the tax bill that is due in oct 2009 is what what year? is that for 2008?

In October, the Property Appraiser's Office provides the Tax Collector's Office with a Certified Tax Roll. The Tax Roll is then used to generate property tax bills. Bills are mailed to Walton County residents before November 1st of each year. Once bills are printed, any changes in the assessed value of a property must be issued through the Property Appraiser's Office. The Tax Collector's Office cannot reduce or adjust the amount of taxes due on any tax account.

Collection and Discounts


The Tax Collector's Office serves as the collector of property taxes. Property owners making tax payments can receive discounts on their taxes by making payments early. The following discounts apply to property tax payments:


  • November 30- payments received in the office (a payment postmarked by the 31st does not qualify) by the 30th will receive a 4% discount.
  • December 31- payments postmarked by the 31st will receive a 3% discount.
  • January 31- payments postmarked by the 31st will receive a 2% discount.
  • February 29- payments postmarked by the 29th of February will receive a 1% discount.
  • March 31- no discount is received and no penalty is applied to the account.
  • After March 31- penalties are applied to the account.
BH

Source: Walton County Tax Collector
gmarcBeach Fanatic
#13
For the bill mailed in nov is that for the 2008 value or the 2009 value?I was under the impression that tax bills for property are 1 year in arrears.thanks

Edited

ForestBayGalBeach Comber
#14
For the bill mailed in nov is that for the 2008 value or the 2009 value?I was under the impression that tax bills for property are 1 year in arrears.thanks



For the tax bill you will receive this fall: The assessed/taxable values will be stated as 2009 for your taxable property. The values the property appraiser used to make these determinations were for sales/new construction etc for the period 1/1/2008-12/31/2008. The tax monies collected will operate the taxing agencies in 2010.

Therefore, the 2009 real estate sales/new construction values will provide the appraiser with our 2010 assessed/taxable values. Watch for significant (IMO) decreases in sales prices due to the foreclosures/short sales and bank owned properties being sold post foreclosure.

If you pull up your prperty on the appraiser's website now-it reads 2008 for your values. Once the appraiser certifies the roll & updates his website, then our property site will state 2009. I am new posting so do not have a clue if I typed in the appropriate place.
WCTA avatar
WCTABeach LoverAuthor
#15
For the tax bill you will receive this fall: The assessed/taxable values will be stated as 2009 for your taxable property. The values the property appraiser used to make these determinations were for sales/new construction etc for the period 1/1/2008-12/31/2008. The tax monies collected will operate the taxing agencies in 2010.

Therefore, the 2009 real estate sales/new construction values will provide the appraiser with our 2010 assessed/taxable values. Watch for significant (IMO) decreases in sales prices due to the foreclosures/short sales and bank owned properties being sold post foreclosure.

If you pull up your prperty on the appraiser's website now-it reads 2008 for your values. Once the appraiser certifies the roll & updates his website, then our property site will state 2009. I am new posting so do not have a clue if I typed in the appropriate place.

Well done ForestBay Gal!

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