This week's crime report for Clay County Florida, provided by the Clay County Sheriff's Office.
CLAY TODAY – Pursuant to Florida Statutes, Clay County Property Appraiser Tracy Scott Drake submitted the working taxable value estimates to the Clay County taxing authorities for budget planning …
This item is available in full to subscribers.
To continue reading, you will need to either log in to your subscriber account, or purchase a new subscription.
If you are a current print subscriber, you can set up a free website account and connect your subscription to it by clicking here.
Otherwise, click here to view your options for subscribing.
Please log in to continueDon't have an ID?Print subscribersIf you're a print subscriber, but do not yet have an online account, click here to create one. Non-subscribersClick here to see your options for subscribing. Single day passYou also have the option of purchasing 24 hours of access, for $1.00. Click here to purchase a single day pass. |
CLAY TODAY – Pursuant to Florida Statutes, Clay County Property Appraiser Tracy Scott Drake submitted the working taxable value estimates to the Clay County taxing authorities for budget planning purposes on Thursday, May 25.
The taxable value of county properties was estimated at approximately $16.5 billion – an annual increase of more than $1.9 billion, or 13% from the 2022 assessment roll.
The statutory date for the 2023 assessment roll was Jan.1. Therefore, the overall increase in value reflects the upward direction the real estate market has taken during 2022. Although market values have increased to record levels, the assessed values of properties with an existing homestead exemption will be limited to a 3% increase (excluding any additions or improvements) and non-homestead residential and commercial properties will be limited to a 10% increase due to constitutional amendments passed by voters in 1992 and 2008, respectively.
The taxable value is used to calculate ad valorem property taxes and is based on the assessed value minus exemptions.
A Certification of Taxable Value will be submitted to the Florida Department of Revenue and the local taxing authorities on or before July 1.
Comments
No comments on this item Please log in to comment by clicking here