CLAY COUNTY PROPERTY APPRAISERGreen Cove Springs (002) 37-38 Keystone Height (003) 39-40 Orange Park (004) 41-42 Penney Farms (005) 43-44 Lake Asbury MSBD (006) 45-46 School Board

CLAY COUNTY PROPERTY APPRAISER ROGER A. SUGGS, CFA, AAS, CCF

It is the commitment of this office to execute the duties and responsibilities of the Office of the Property Appraiser in a fair and equitable manner and to provide accurate information with courteous, professional service.

2017 Annual Report

Respectfully,

Certificate of Excellence in Assessment Administration, IAAOCertificate of Excellence in Assessment Administration, IAAO

OFFICE OF THECLAY C OUNTY PROPERTY APPRAISER

Honorable Roger A . Suggs, CFA , AA S, CCFState-Certified General Real Estate Appraiser RZ2771

Dear Tax pay er:

The following publication represents the sixth Annual Report prepared by the Clay County Property Appraiser's Office. The purpose of the Annual Report is to provide summarized data maintained within our computer - aided - mass-appraisal (CAMA) database that may be interesting, if not helpful , to the reader .

One of the hallmarks of a fair property tax system is its transparency and public access to information. Even though property tax laws are a product of the Florida Legislature, their transparency and effect on the local population are in large part a responsibility of the County Property Appraiser's Office. To that end, in addition to maintaining avery informative and user friendly website ( ), a need was felt to provide annually summarized data that may not be avail able in other places.

Because Clay County is growing and evolving every year and areas of interest change over time, there may be other information that would like to see or find beneficial to this publication. Your feedback is always welcomed and appreciated, so please feel free to contact our office with any suggestions you may have to enhance the effectiveness of this report.

Respectfully,

Roger A. Suggs, C FA, AAS, C C FC lay County Property AppraiserState-Certified General Real Estate Appraiser RZ2771

Main OfficeCounty Administration Building477 Houston Street, 2nd Floor Green Cove Springs FL 32043 Telephone: (904) 269/284-6305 Fax: (904) 284-2923 www.ccpao.com

Orange Park OfficePark Central Plaza 1518 Park Avenue

Orange Park, FL 32073 Telephone: (904) 541-5332

www.facebook.com/ccpaofl

ccpao.com

y ou

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Table of Contents

General Information

1 Hurricane Irma

2 Hurricane Irma cont.

3 Accomplishments

4 Location, Population, and Government

5 Duties of the Property Appraiser

and Fast Facts

6 Important Dates / Contact Information

7 Employee Credentials

Constitutional and Statutory Updates

8 Amendments

9 Chapter 2017 – 21 Laws of Florida

Chapter 2017 – 22 LOF

10 Chapter 2017 – 22 LOF cont.

Chapter 2017 – 96 LOF

Exemptions

11 Ad Valorem Tax Exemptions,

Classifications and Reductions

12 Homestead Exemption

13 Homestead Portability /

Deployed Military Discount

14 Tangible Personal Property Exemption

and Institutional Exemptions

15 Agricultural Classifications

16 Value of Exemptions and Reductions

17 Impact of Recent Constitutional Changes

Value

18 Estimating Value

19 Market Value

20 Assessed Value / Save Our Homes

21 Assessment Growth Limitation (AGL)

22 Taxable Value / Top Ten Taxpayers

Value (Continued)

23 Real Property Parcels and Values

24 Single Family Residential Median Sale Price

Land Records

25 Mobile Homes

26 Real Property Parcel and Value Allocation

27 Permit Activity

28 Tangible Personal Property and Centrally

Assessed

Taxing Authorities

29 Taxing District Maps 30 Taxing Authorities 31 Millage Rates 32 BCC and MSTU 33-34 County Commissioners (001) 35-36 Green Cove Springs (002) 37-38 Keystone Height (003) 39-40 Orange Park (004) 41-42 Penney Farms (005) 43-44 Lake Asbury MSBD (006) 45-46 School Board 47-48 St. Johns River Water Management

On the cover:

Intersection of Blanding Blvd. and CR 218

(September 12, 2017)

Most intense landfalling hurricanes in the

Contiguous United States Intensity is measured solely by central pressure

Rank Hurricane Season Landfall pressure

1 "Labor Day" 1935 892 mbar (hPa)

2 Camille 1969 900 mbar (hPa)

3 Katrina 2005 920 mbar (hPa)

4 Andrew 1992 922 mbar (hPa)

5 "Indianola" 1886 925 mbar (hPa)

6 "Florida Keys" 1919 927 mbar (hPa)

"Okeechobee" 7

1928 929 mbar (hPa)

Irma 2017 929 mbar (hPa)

"Great Miami" 9

1926 930 mbar (hPa)

Donna 1960 930 mbar (hPa)

Hurricane Irma

Hurricane Irma developed on August 30,

2017, near the Cape Verde Islands from a

tropical wave that had moved off the west

African coast three days prior. After

weakening to a Category 3, due to land

interaction with Cuba, Irma re-intensified

into a Category 4 hurricane while crossing

over the Straits of Florida. On September

4, Florida Governor Rick Scott declared a

state of emergency for Florida. On

September 6, Irma reached its peak

intensity, with 185 mph (295 km/h)

winds, making it the second most intense

tropical cyclone worldwide in 2017. By

the evening of September 8, hundreds of

thousands of Floridians had evacuated, making it the largest evacuation in the state's history.

For the fifth time in its 45-year history, Walt Disney Resorts closed due to the storm. Its theme parks, water

parks, and Disney Springs all closed by 9:00 pm on September 9. Due to Hurricane Irma, the parks did not

open on September 10 or 11.

Hurricane Irma destroyed or heavily damaged at least 450 Clay County homes, ruined roads and sent nearly

900 residents to the five emergency shelters

Both the north and south prongs of Black Creek crested at 28.5, but not before the flood waters destroyed

homes and boat docks and shattered the lives of countless residents. The previous record of 24.3 feet was set

in 1923.

Intersection of Blanding Blvd. and CR 218 (September 12, 2017)

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Hurricane Irma

State Road 16W, Penney Farms Waterfront, Green Cove Springs (September 2017) (September 2017)

Torrential rains flooded numerous vehicles making them inoperable and made many roads in Clay County

unsafe and impossible to travel.

State Road 16W, Penney Farms

(September 2017)

Electrical Substation, Middleburg

(September 2017)

Many residents of Clay County were left without electricity for weeks due to downed power lines and

flooded electrical substations. Crews from all over the United States traveled to Florida to help reestablish

electrical service to hundreds of thousands of residents.

2

Accomplishments

Mr. Suggs hosts an annual employee luncheon where he recognizes the accomplishments of the office and

acknowledges individuals who earned professional designations and/or certifications, those appointed to

serve on professional association committees and/or Executive Boards, and those who earned promotions

and/or celebrated employment anniversaries. Congratulations to those honored this year!

Certifications / Designations • Dustin Henry: Certified Florida Evaluator (CFE), Florida Department of Revenue

• Alicia R. Large: Certified Florida Evaluator (CFE), Florida Department of Revenue

• Nancy Price: Certified Florida Evaluator (CFE), Florida Department of Revenue

Accreditations • Clay County Property Appraiser’s Office: Certificate of Excellence in Assessment Administration,

International Association of Assessing Officers (IAAO)

Appointments • Tracy S. Drake: President, Florida Chapter of the International Association of Assessing Officers

(FCIAAO); Chair, IAAO Education Committee

Anniversaries • Jeff Brunick: 15 Years

• Julianne Looney: 15 Years

Promotions • Shannon Nolan: Supervisor to Director of Information Services

Media • The Property Appraiser’s Office launched a new website. The new CCPAO.com went live

on March 21, 2018. The eye catching, easy to navigate website is the culmination of a lot

of hard work. Thanks to all of those who had a hand in its creation. Try our new QR Code!

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http://CCPAO.com

Location, Population, and Government

Clay County encompasses approximately 644 square miles and includes the incorporated municipalities of

the City of Green Cove Springs, Town of Penney Farms, City of Keystone Heights, and Town of Orange

Park. It is situated in northeast Florida, southwest of the city of Jacksonville and west of historic St.

Augustine. The county’s entire eastern border is formed by the St. Johns River. Approximately 202 square

miles, or 31.40% of the total land size is comprised of government owned property (excluding public right-

of-ways and river/waterway bottoms).

Body of Government Acres

State 123,104

County 3,049

Municipal 1,609

School 1,626

Federal 11

According to the latest census data, there are 209,524 people and 75,091 households in the county. The

homeownership rate was estimated at 67% and the median household income was estimated at $60,238. It is

projected that Clay County’s population will experience a 86% increase between 2000 and 2030, while

Florida’s population as a whole is projected to increase by only 51%.

The Board of County Commissioners is the 5 member, law-making body of the county, operating under the

Home Rule charter since 1991. Each elected member represents a specific district within the county for a

designated four year term. Some specific government functions are performed by separately elected

Constitutional Officers who are elected county-wide. These two groups, not including the school district,

comprise the elected officials who are responsible to the voters of Clay County.

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Duties of the Property Appraiser

The Clay County Property Appraiser, an elected Constitutional Officer, is responsible for producing an

annual assessment roll, which is a record of each property in the county. The intended purpose of the

assessment roll is to provide a basis for ad valorem (“according to value”) taxation of property pursuant to

the Florida constitution, statutes, administrative rules, and regulatory agencies.

The Property Appraiser is responsible for identifying, locating, and fairly valuing all property, both real and

personal. Additionally, the Property Appraiser tracks changes of ownership, records up to date descriptions

of buildings and property characteristics, administers exemptions, assessment reductions, classifications and

other forms of property tax relief, and utilizes a geographic information (GIS) system to provide up to date

property ownership maps. A progressive computer assisted mass appraisal (CAMA) system is relied upon to

ensure consistency and equity.

The Property Appraiser does not determine the tax rates; that is the responsibility of the various taxing

authorities. Furthermore, the Property Appraiser does not collect property taxes; property tax payments are

made to the Clay County Tax Collector.

Fast Facts

Property Appraiser: Roger A. Suggs, CFA, AAS, CCF

State-Certified General Real Estate Appraiser RZ2771

First Elected: January 6, 2009

Number of Employees: 33

Number of Real Estate Parcels: 91,082

Number of Tangible Personal Property

& Centrally Assessed Accounts: 6,496

2017 – 2018 Annual Budget: $2,727,753

Total Just Value: $16,079,621,735

Total Assessed Value: $14,062,061,620

Total Exempt Value: $4,142,759,931

Total Taxable Value: $9,919,301,689

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Important Dates

January 1 The date which determines property ownership, value, exemptions and classifications.

February 1 Automatic exemption and classification renewal notices mailed. Tangible personal property

returns mailed to business owners.

March 1 Filing deadline for portability, exemptions, classifications, and assessment reductions, to

include: homestead, senior exemption, widow/widower, deployed military, disability,

charitable, fraternal, educational, literary, scientific, religious, agricultural and conservation.

April 1 Filing deadline for tangible personal property returns.

June 1 Property Appraiser must submit a budget to the Department of Revenue (DOR) for

approval. Property Appraiser must deliver an estimate of the total taxable value for the

current year to each taxing authority.

July 1 Property Appraiser must notify property owners of intent to deny applications for

exemptions, classifications, and portability.

Property Appraiser must complete the assessment of all property and submit roll to the

DOR for approval and must certify the total taxable value for the current year to each taxing

authority.

Mid-August Notice of proposed property taxes, also called Truth in Millage (TRIM) notices, are mailed to

property owners. TRIM notices contain the Property Appraiser’s proposed estimates of

value as of January 1, and exemptions, classifications, or assessment reductions on the

property. The notices also contain the taxing authorities’ proposed millage (tax) rates, budget

hearing locations and times, and the deadline for filing petitions with the Value Adjustment

Board (VAB).

October 1 New fiscal year begins.

November 1 Current tax bills are mailed by the Clay County Tax Collector.

December 31 Annual mobile home decals must be purchased from the Department of Motor Vehicles

(Clay County Tax Collector’s office).

Contact Information

Main Office Administrative Services

Administration Building Agricultural Classifications: 278-3671 477 Houston Street, 2nd Floor Exemptions: 284-6305 Green Cove Springs, FL 32043

Land Records: 278-3657 Phone: 904-284-6305

Fax: 904-284-2923 Appraisal Services

Branch Office Commercial Property: 278-3634

Park Central Plaza (inside Tax Collector’s Office) 1518 Park Avenue

Residential Property:

Tangible Personal Property:

278-4789

541-5267

Orange Park, FL 32073 Information Services

Phone: 904-541-5332 Assessment Roll: 278-3736

Fax: 904-541-5340 GIS Mapping: 278-3708

Public Records: 278-3708 Information is also available online at www.ccpao.com

and www.facebook.com/ccpaofl Website: 529-3810

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http://www.ccpao.com


Employee Credentials

International Association of Assessing Officers

Designations

CAE (Certified Assessment Evaluator)

AAS (Assessment Administration Specialist)

RES (Residential Evaluation Specialist)

Florida Department of Business and Professional Regulations Licenses

State-Certified General Real Estate Appraiser

Florida Department of Revenue

Certifications CFA (Certified Florida Appraiser)

CFE (Certified Florida Evaluator)

CCF (Certified Cadastralist of Florida)

American Society of Appraisers Designations

ASA (Accredited Senior Appraiser)

Internal Revenue Service EA (Enrolled Agent)

•Roger A. Suggs, CFA, AAS, CCF State-Certified General Real Estate Appraiser RZ2771

•Wanda Cantrell, CFE •Tracy S. Drake, CAE, ASA, RES, AAS, CFE

State-Certified General Real Estate Appraiser RZ2759 •Kenneth Dodgen, CFE

•Shaun Jackson, AAS, CFE, MPA •Audrey Dornbusch, CFE

•Renee Large, EA, CFE •Julianne Looney, CFE

•Thomas Marcy, AAS, CFE •Scott Mears, CFE

•David Barrie, CFE, CCF •Michael Padgett, CFE, CCF

•Shannon Nolan, CCF •Curtis Sewell, CFE

•Wayne Bullard, CCF •Judith Titus, CFE

•Charles Webb, CFE •Pete Gomes, CCF, CFE

• Jeffery Brunick, CFE •Kristopher Obergfoll, CFE

•Mathew Kite, CFE •Kelley Brown, CFE

•Dustin Henry, CFE •Nancy Price, CFE

7

Constitutional and Statutory

Updates Clay County Property Appraiser


The legislature passed two constitutional amendments that will appear on the November 2018 general election

ballot. They will require 60 percent voter approval and, if adopted, will become effective January 1, 2019.

CS/HJR 21 – 10% Assessment Cap on Specified Non-Homestead Real Property

The legislature has proposed an amendment to the State Constitution to permanently retain provisions

currently in effect, which limit property tax assessment increases on specified nonhomestead real property,

except for school district taxes, to 10 percent each year. If approved, the amendment removes the

scheduled repeal of such provisions in 2019 and shall take effect January 1, 2019.

The proposed amendment will be on the 2018 general election ballot.

HJR 7105 – Additional Homestead Exemption of $25,000

The legislature has proposed an amendment to the State Constitution to increase the homestead exemption

by exempting the assessed valuation of homestead property greater than $100,000 and up to $125,000 for

all levies other than school district levies. The amendment shall take effect January 1, 2019.

If the amendment were adopted, the homestead tax exemption would be applied as follows:

$0 - $25,000 - Exempt from all levies

$25,001 - $50,000 - Taxable

$50,001 - $75,000 - Exempt from all levies except school district levies

$75,001 - $100,000 - Taxable

$100,001 - $125,000 - Exempt from all levies except school district levies

The following are brief summaries of property tax legislation that were considered and passed during the

2017 Legislative Session. Although there were many property tax bills filed, only a few bills eventually

passed during the regular session.

8


Chapter 2017 – 21 Laws of Florida (LOF) relating to Public Records

This bill amends s. 119.12, Florida Statutes, to require a complainant to provide written notice of his or her

intent to file suit to an agency's custodian at least five business days before filing suit in order to be entitled

to an award of attorney's fees for the enforcement of compliance with Chapter 119. Notice is not required

if the public agency fails to "prominently post the contact information for the agency's custodian of public

records in the agency's primary administrative building" and on its website. Courts are required to

determine whether the complainant requested to inspect or copy a public record or participated in the civil

action for an improper purpose, which is defined as a request "primarily to cause a violation of this chapter

or for a frivolous purpose." If the request was for an improper purpose, attorney's fees and costs may not

be awarded against the public agency.

The act applies only to public records requests made on or after the effective date of the act, which is upon

becoming law.

Effective date: May 23, 2017

Chapter 2017 – 22 LOF relating to Timeshares

This bill amends various provisions related to the "Florida Vacation Plan and Timesharing Act”, which

establishes requirements for the creation, sale, exchange, promotion, and operation of timeshare plans, including

requirements for full and fair disclosure to purchasers. Included among the changes are the following:

Revises the term "interestholder" with respect to a multisite timeshare plans governed by part II of the act;

Revises requirements for instruments that establish or govern a component site property regime, including

the requirement to issue or provide certain documents to creditors;

Revises requirements for terminations of timeshare plans;

Revises requirements for extensions of timeshare plans, which apply to all timeshare

properties in the state;

Allows reasonable termination expenses to be paid pro rata by owners of former

timeshare properties; and

9


Chapter 2017 – 22 LOF relating to Timeshares (cont.)

Amends requirements for voting upon an extension of a term of a timeshare plan,

including meeting notices, voter eligibility, proxies, and quorum requirements.

Effective date: May 23, 2017

Chapter 2017 – 96 LOF relating to Public Records/Firefighters and their Spouses

and Children

This bill expands the existing public records exemption for personal identifying information of current

firefighters, their spouses, and children. The expansion extends the public records exemption to former

firefighters and their families.

Effective date: October 1, 2017

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Exemptions Clay County Property Appraiser

Ad Valorem Tax Exemptions, Classifications and Assessment Reductions

The Florida Constitution provides for a number of property exemptions, classifications and assessment

reductions, which will reduce the taxable value of a property. The property owner must qualify for the

exemption as of January 1 of the current tax year. The statutory deadline for filing a timely application is

March 1. Some exemptions and classifications

application or income submission.

•Homestead Exemption up to $50,000

•Veterans Service Connected Total

and Permanent Disability Exemption

•$5,000 Exemption for Disabled Ex-Servicemember or Surviving Spouse

•Exemption for Disabled Veterans Confined to Wheelchairs

•Homestead Property Tax Discount

for Veterans Age 65 and Older With a

Combat Related Disability

•Charitable, Religious, Scientific, or Literary Exemption

•Homestead Ad Valorem Tax Credit for Deployed Military Personnel

•Agricultural Classification

•Additional Homestead for Persons 65 and Older With at Least 25 years of Residency – Available to Orange Park and Green Cove Springs Residents (annual application and income verification)

are automatically renewed and some require an annual

•Additional Homestead Exemption

up to $50,000 for Persons 65 and

Older (annual application and income

verification required)

•Totally and Permanently Disabled

Persons Exemption (annual income

verification required)

•$500 Exemption for Widows,

Widowers, Blind Persons, and Totally

and Permanently Disabled Persons

•Reduction in Assessment for Living

Quarters of Parents or Grandparents

•Educational Property Exemption

•Real Property Dedicated in

Perpetuity for Conservation

Exemption

•Exemption for Surviving Spouse of

Military Veteran who Died from

Service-Connected Causes While on

Active Duty or First Responder who

Died in the Line of Duty

For more information, please contact our offices or website at www.ccpao.com

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http://CCPAO.com

Homestead Exemption

The most common real property exemption is the homestead exemption. Florida residents who have legal

or equitable title to property, have the intention of making the property their permanent residence as of

January 1, and make application, are eligible for homestead exemption.

Year

Number of

Exemptions

%

Change

2017 51,673 2.02%

2016 50,649 0.98%

2015 50,155 -0.03%

2014 50,171 -0.11%

2013 50,225 -0.85%

2012 50,654 -0.31%

2011 50,810 -0.75%

Under the Florida Constitution, qualified residents may receive a homestead exemption that reduces the

taxable value of their property by as much as $50,000. The first $25,000 exemption applies to all property

taxes, including school district taxes. The additional exemption of up to $25,000 applies to the assessed

value between $50,000 and $75,000, and only to non-school taxes.

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Homestead Portability

The Homestead Portability feature was provided in Constitutional Amendment 1 in 2008. If your home has

a homestead exemption, and has accumulated a Save Our Homes cap, you may be eligible to transfer the

savings to the next home you purchase in the state of Florida (assuming you meet the requirements).

Taxing Authority # Parcels Total Value

BCC (001) 814 $20,935,270

Green Cove Springs (002) 67 $1,802,941

Keystone Heights (003) 5 $34,193

Orange Park (004) 28 $961,226

Penney Farms (005) 0 $0

Lake Asbury (006) 17 $586,932

School Board 814 $20,935,270

SJRWMD 814 $20,935,270

Deployed Military Homestead Discount

We salute our military service members! Constitutional Amendment 1 was approved by Florida voters in

November 2010, with implementation for the 2011 assessment roll.

Pursuant to s. 196.173 F.S., a member or former member of any branch of the United States military or

military reserves, the United States Coast Guard or its reserves, or the Florida National Guard may receive

an exemption if he or she: 1) receives a homestead exemption, 2) was deployed during the previous

calendar year outside the continental United States, Alaska, and Hawaii in support of a designated operation

(each year the Florida Legislature designates operations for this exemption), and 3) submits an application

(form DR-501M) by March 1st. A copy of the service member’s deployment order, listing deployment

dates, must accompany the application.

The percentage of taxable value that is exempt for the current year is determined by the percent of time

during the previous year when the service member was deployed on a designated operation.

Exempt Value

Taxing Authority 2013 2014 2015 2016 2017

BCC (001) $6,067,194 $3,277,742 $4,945,997 $4,642,882 $6,554,501

GCS (002) $63,773 $0 $139,628 $19,588 $97,250

Keystone Heights (003) $0 $0 $0 $0 $28,181

Orange Park (004) $13,429 $0 $82,059 $0 $174,646

Penney Farms (005) $0 $0 $0 $0 $0

Lake Asbury (006) $0 $0 $0 $0 $0

School Board $7,573,723 $3,926,309 $5,987,769 $5,481,837 $7,855,787

SJRWMD $6,067,194 $3,277,742 $4,945,997 $4,642,882 $6,554,501

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Tangible Personal Property Exemption

The approval of Amendment 1 in 2008 established a $25,000 exemption on tangible personal property

(TPP). Taxpayers who file returns in a timely manner are exempt on the first $25,000 of the market value

of their tangible personal property. A business with less than $25,000 must file an initial return which serves

as its application for the exemption. The following year a waiver letter will be mailed to taxpayers with

values less than $25,000. Those who receive waivers will not have to file returns unless they have added

property that may cause the value of the TPP to exceed $25,000. A change of ownership or a change of

the location of a business are events that also trigger the filing requirement.

Exempt Value

Taxing Authority 2012 2013 2014 2015 2016 2017

BCC (001) $49,243,564 $48,438,946 $47,260,193 $48,609,603 $48,997,760 $50,605,070

GCS (002) $3,179,300 $3,044,146 $2,969,845 $2,944,094 $2,840,187 $2,861,422

Keystone Heights

(003) $849,795 $798,317 $756,175 $762,097 $771,547 $711,173

Orange Park (004) $6,796,852 $6,266,636 $6,041,149 $6,193,345 $5,979,150 $6,175,950

Penney Farms (005) $18,387 $42,636 $42,818 $42,237 $41,210 $40,076

Lake Asbury (006) $103 $590 $141 $119 $94 $73

School Board $49,243,564 $48,438,946 $47,260,193 $48,609,603 $48,997,760 $50,605,070

SJRWMD $49,243,564 $48,438,946 $47,260,193 $48,609,603 $48,997,760 $50,605,070

Institutional Exemptions

Under Florida law, some real property and/or tangible personal property that is owned by a nonprofit entity

may be eligible for an exemption from certain ad valorem taxes if the property is also used for a nonprofit

purpose as of January 1. Some examples of institutional exemptions include: religious, charitable, scientific,

literary, educational, fraternal, and homes for the aged.

Taxing Real Property TPP Total

Authority Exempt Value Exempt Value Exempt Value

BCC (001) $377,390,599 $54,170,801 $431,561,400

Green Cove Springs (002) $11,333,084 $976,789 $12,309,873

Keystone Heights (003) $8,265,048 $277,042 $8,542,090

Orange Park (004) $64,763,708 $7,027,536 $71,791,244

Penney Farms (005) $12,207,760 $3,389,818 $15,597,578

Lake Asbury (006) $0 $0 $0

School Board $382,736,318 $54,170,801 $436,907,119

SJRWMD $377,390,599 $54,170,801 $431,561,400

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Agricultural Classifications

An agricultural classification may be applied to different types of agricultural property such as timber, pasture,

groves, nurseries, etc. The agricultural classification is available only to the portion of the property that is

being used primarily for bona fide agricultural purposes. The term “bona fide agricultural purposes” means

good faith commercial agricultural use of the land, pursuant to s.193.461(3)(b), F.S. It is the responsibility of

the property owner to establish and prove an agricultural operation.

The agricultural classification is a benefit to property owners that results in a classified use value based upon

the probable income from normal agricultural use which is often substantially less than market value, thus

making it economically feasible to continue such usage.

Applications that have been granted will automatically renew each January; however, the classification is not

transferrable. New applications must be filed due to changes of ownership/title, and change of acreage or use.

Asmt.

Year

Parcel

Count

Market

Value

Taxable

Value

% of

Market Value

2017 1,452 $561,848,728 $90,021,856 16.0%

2016 1,474 $565,892,860 $88,230,392 15.6%

2015 1,491 $549,267,253 $80,655,291 14.7%

2014 1,491 $549,975,442 $79,305,422 14.4%

2013 1,499 $580,463,899 $75,195,258 12.9%

2012 1,471 $599,663,817 $71,977,038 12.0%

2011 1,473 $643,119,152 $76,147,021 11.8%

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Value of Exemptions and Reductions

2017 Clay County Exempt Value

# of Real Property # of TPP

Statutory Real Property Exempt TPP Exempt

Exemption Type Authority Exemptions Value Exemptions Value

$25,000 Homestead Exempt. (HX) 196.031(a) 51,673 $1,274,352,944 0 $0

Additional $25,000 HX 196.031(b) 46,086 $1,079,247,164 0 $0

Add HX 65+ (Seniors) 196.075 1,978 $70,754,088 0 $0

Totally & Permanently Disabled

Veterans 196.081 953 $115,612,288 0 $0

Totally Perm. Disabled & Blind 196.101 65 $7,693,203 0 $0

Tangible Property $25,000 Exempt. 196.183 0 $0 5,382 $49,017,497

Charitable, Religious, Scientific, Literary 196.196 379 $320,146,777 262 $48,132,795

Charitable Homes For the Aged 196.1975 75 $17,752,903 1 $610,962

Affordable Housing Property 196.1978 25 $5,208,520 1 $59,053

Educational Property 196.198 12 $20,188,255 24 $5,367,991

Charter School 196.1983 1 $14,094,144 0 $0

Government Property 196.199 2,083 $780,269,503 11 $294,249,795

Blind Exemption 196.202 51 $25,500 0 $0

Total & Permanent Disability Exempt. 196.202 1,510 $733,680 0 $0

Widows/Widowers Exemption 196.202 3,714 $1,828,867 0 $0

Disabled Ex-Service Member Exempt. 196.24 4,243 $21,632,459 0 $0

Land Conservation Exemption (100%) 196.26(2) 21 $2,116,672 0 $0

Land Conservation Exemption (50%) 196.26(3) 13 $697,446 0 $0

Deployed Service Members HX 196.173 121 $6,554,501 0 $0

Add. HX Age 65+ & 25 year residency 196.075 35 $0 0 $0

Total Exempt Value: $3,738,908,914 $397,438,093

16

Impact on 2017 Assessment Roll of Recent Constitutional Changes

(Amendment 1, Approved January 29, 2008)

* The values represented above indicate the accumulated and resulting loss of taxable value to each of the Taxing Authorities.

Taxing Authorities

Additional

$25K

Homestead

Exemption

196.031(1)(b),

F.S.

$25K

Tangible

Personal

Property

Exemption

196.183, F.S.

Homestead

Portability

193.155(8),

F.S.

10%

Assessment

Growth

Limitation

193.1554, F.S.

193.1555, F.S.

Total Exempt

Value

BCC-Other County Services $1,079,247,164 $50,605,070 $20,935,270 $130,270,054 $1,281,057,558

Fire Control MSTU-8 $1,036,633,277 $44,429,120 $19,974,044 $127,923,158 $1,228,959,599

Law Enforcement MSTU-4 $999,423,409 $41,567,698 $18,171,103 $121,972,506 $1,181,134,716

Unincorporated Services MSTU $992,114,382 $40,816,449 $18,136,910 $121,490,636 $1,172,558,377

School Board N/A $50,605,070 $20,935,270 N/A $71,540,340

SJRWMD $1,079,247,165 $50,605,070 $20,935,270 $130,270,054 $1,281,057,559

City of Green Cove Springs $37,112,296 $2,861,422 $1,802,941 $5,950,652 $47,727,311

City of Keystone Heights $6,865,579 $711,173 $34,193 $331,791 $7,942,736

Town of Orange Park $42,074,995 $6,175,950 $961,226 $2,346,896 $51,559,067

Town of Penney Farms $443,448 $40,076 $0 $150,079 $633,603

Lake Asbury MSBD $8,650,000 $73 $586,932 $5,598 $9,242,603

17

Value Clay County Property Appraiser

Estimating Value

Florida law charges the Property Appraiser with the task of valuing all property that is not immune from

taxation, or otherwise expressly exempt from valuation.

The assessment roll of Clay County is comprised of approximately 96,151 real property parcels and tangible

personal property accounts which must be reviewed annually. To ensure that all properties are assessed

accurately, equitably, and efficiently, mass appraisal techniques are utilized as the primary method of

valuation. The process of mass appraisal is supported by s. 193.023(3), F.S., which states, “In revaluating

property in accordance with constitutional and statutory requirements, the Property Appraiser may adjust

the assessed value placed on any parcel or group of parcels based on mass data collected, on ratio studies

prepared by an agency authorized by law, or pursuant to regulations of the Department of Revenue.”

Section 194.301(1), F.S., states, “… the value of property must be determined by an appraisal methodology

that complies with the criteria of s. 193.011, F.S., and professionally accepted appraisal practices.” As such,

the Clay County Property Appraiser’s Office considers three recognized and generally accepted approaches

in the development of value estimates: the cost approach, sales comparison approach, and the income

capitalization approach. The applicability of each approach depends on the character of the property and

the availability of market data.

18

Market (Just) Value

Market (just) value is commonly defined as the most probable price for a property in a competitive, open

market involving a willing buyer and a seller, and is the major focus of ad valorem appraisal assignments.

Pursuant to Article VII of the state Constitution and s. 192.042, F.S., all property shall be assessed according

to its market (just) value, on January 1 of each year. Additionally, s. 193.011, F.S., prescribes the factors that

the Property Appraiser must consider in the estimation of market value. The market value assessment is

unencumbered and may increase or decrease as the market dictates.

Clay County’s real property market value increased over 75% from 2004 to 2007. Due to the national

recession, the market value decreased over 24% from 2007 to 2012. Since 2012 the market value has increased

approximately 30%.

History of Market Value

$18,000,000,000

$17,000,000,000

$16,000,000,000

$15,000,000,000

$14,000,000,000

$13,000,000,000

$12,000,000,000

$11,000,000,000

$10,000,000,000

$9,000,000,000

$8,000,000,000

$16,451,399,457

$16,233,772,317 $16,079,621,735

$15,215,668,757 $15,115,103,337

$13,982,192,284 $13,693,185,177 $13,364,440,324

$13,903,565,121

$12,893,632,359

$12,414,868,581 $12,635,269,569

$10,992,134,485

$9,408,558,131

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

19

-

Assessed Value

The assessed value is the value of property after any assessment reductions, agricultural classifications,

limitations, or caps have been applied. Furthermore, the assessed value is an administrative assessment

created by the Legislature and is not directly related to market value. Homestead and non-homestead

properties may have an assessed value that is lower than market value due to the Save Our Homes cap, or

the 10 percent Assessment Growth Limitation cap. The following chart illustrates the relationship between

the market value and assessed value for a hypothetical residential property for a number of years:

$100,000

$110,000

$120,000

$130,000

$140,000

$150,000

$160,000

1 2 3 4 5

Just/Market Assessed Value Relationship

SOHD / AGL

Year

Just/Market Value

(changes with

market)

Assessed Value

(+ 3% or chg in CPI)

Save Our Homes Differential (SOHD)

The Florida Constitution was amended in 1992 to provide a limitation in annual increases to assessed value

on residential property receiving a homestead exemption. The assessment limitation is known as “Save Our

Homes” and limits the annual increase in assessed value to 3% (excluding any additions or improvements),

or the amount of the Consumer Price Index (CPI) increase as determined by the Department of Revenue,

whichever is less. The table below displays Clay County’s Save Our Homes cap and taxes saved since 2011,

based on the total unincorporated area millage rate.

Asmt.

Year

SOH

Cap

Amount

SOH

Differential

Increase/Decrease

Over

Previous Year

% Change From

Previous Year

Millage

Rate

Est. Taxes

Saved

2017 2.10% $1,450,973,643 $260,237,941 21.86% 0.0148114 $21,490,951

2016 0.70% $1,190,735,702 $356,976,359 42.82% 0.0151515 $18,041,432

2015 0.80% $833,759,343 $235,691,244 39.41% 0.0155403 $12,956,870

2014 1.50% $598,068,099 $242,706,278 68.30% 0.0156394 $9,353,426

2013 1.70% $355,361,821 $62,779,883 21.46% 0.0155213 $5,515,677

2012 3.00% $292,581,938 ($142,613,143) -32.77% 0.0160033 $4,682,277

2011 1.50% $435,195,081 ($296,940,138) -40.56% 0.0161593 $7,032,448

Total $79,073,081

20

-

- -

Assessment Growth Limitation Differential (AGL)

Approved with the passage of Amendment 1, there is a 10% cap on the assessed value for non-

homesteaded residential and non-residential properties beginning with the 2009 assessment roll. The

Legislature adopted several statutes to implement the 10% differential on non-homestead properties,

explaining the conditions requiring the reassessment and resetting of the cap to market value, and the

required notification process when a change of ownership or control of more than 50% occurs. The

Assessment Growth Limitation cap does not apply to school taxes.

The table below displays the 2017 differentials or “capped” values and associated taxes saved within the

various taxing authorities.

Taxing Non Homestead Non Residential Total Millage Est. Taxes

Authority Residential Diff.1 Differential2 Differential Rate Saved

BCC (001) $55,411,167 $74,858,887 $130,270,054 0.0081010 $1,055,318

GCS (002) $3,734,517 $2,216,135 $5,950,652 0.0036000 $21,422

Keystone Heights (003) $73,891 $257,900 $331,791 0.0040575 $1,346

Orange Park (004) $1,422,688 $924,208 $2,346,896 0.0061818 $14,508

Penney Farms (005) $0 $0 $0 0.0000000 $0

Lake Asbury (006) $0 $0 $0 0.0000000 $0

School Board n/a n/a n/a n/a n/a

SJRWMD $55,411,167 $74,858,887 $130,270,054 0.0002724 $35,486

1Section 193.1554, Florida Statutes, applies to non-homestead residential property with no more than nine

(9) dwelling units and to vacant property zoned for residential uses. The 10% cap is removed when a

change of ownership or control of more than 50% occurs.

2Section 193.1555, Florida Statutes, applies to all residential properties with ten (10) units or more and all

non-residential properties. It provides for the reassessment of the property and resetting of the 10% when

a qualifying improvement increases the market value of the property by at least 25%. The ownership and

control provisions are the same.

21

Taxable Value

The taxable value equals the assessed value minus exemptions. Like the assessed value, it is not directly

related to market value. The taxable value is half of the formula used to determine ad valorem property

taxes; the other half is the millage rates levied by taxing authorities (taxable value x millage rate = tax

levied).

Land Value $45,300

Improvement Value + $118,900

Just (Market) Value = $164,200

‘Save Our Homes’ Differential -$38,650

Assessed Value = $125,550

Homestead Exemption -$50,000

Taxable Value = $75,550

Hypothetical Calculation of Taxable Value

Top Ten Taxpayers Clay County, Florida

Name

Real

Property TPP

Total

Taxable Value

% of Total

Taxable Value

Clay Electric Co-op Inc. $12,150,504 $168,457,983 $180,608,487 1.82%

Orange Park Mall LLC $92,605,031 $0 $92,605,031 0.93%

Orange Park Medical Center $44,458,375 $26,933,030 $71,391,405 0.72%

Invitation Homes Inc. $51,249,021 $0 $51,249,021 0.52%

Mid-America Apartments L P $45,100,000 $793,537 $45,893,537 0.46%

Teco Pipeline Holding Co., LLC $0 $45,514,824 $45,514,824 0.46%

Wal-Mart Stores East LP $35,384,556 $6,953,596 $42,338,152 0.43%

American Homes 4 Rent $36,933,257 $0 $36,933,257 0.37%

AT&T Florida $0 $32,666,356 $32,666,356 0.33%

Guidewell Group Inc. $0 $29,908,315 $29,908,315 0.30%

Totals: $317,880,744 $311,227,641 $629,108,385 6.34%

22

Real Property Parcels

Property can be identified by two broad categories: real property and tangible personal property. Real

property is the rights, interests, and benefits connected with real estate. Real estate is the physical parcel of

land, improvements to the land, improvements attached to the land, and appurtenances. Tangible personal

property will be discussed later in this section.

The Appraisal Services Department is responsible for the inspections and annual valuation estimates of real

property, which is comprised of residential, commercial, industrial, institutional and agricultural parcels.

Additionally, the department is required to physically inspect each parcel once every five years, pursuant to

s. 193.023, F.S. This helps to ensure that the assessment roll data is accurate and up to date.

Real Property Parcel Count

Year # Parcels % Change

2017 91,082 0.73%

2016 90,422 0.99%

2015 89,535 0.35%

2014 89,226 0.30%

2013 88,957 0.48%

2012 88,532 1.12%

2011 87,548 0.38%

Real Property Parcels by Taxing Authority

Taxing Authority # Parcels

BCC (001) 91,082

Green Cove Springs (002) 3,782

Keystone Heights (003) 811

Orange Park (004) 3,395

Penney Farms (005) 192

Lake Asbury (006) 433

Keystone Heights CRA (007) 128

Challenger Center (008) 2

School Board 91,082

SJRWMD 91,082

23

Single Family Residential Median Sale Price

As displayed in the chart below, it is easy to see that Clay County’s real estate market has seen its ups and

downs. From 2002 through 2006, the median sale price of single family residences increased approximately

70%, peaking at $232,800. As of the 4th quarter of 2011, the median sale price had declined approximately

31.3% from the peak. Since the market began its recovery, the median sale price has increased

approximately 25%.

$136,900

$147,000

$168,000

$196,900

$232,800

$220,000

$199,900

$175,000

$165,000 $160,000

$169,000

$176,000 $180,600

$189,500 $190,500

$200,000

$130,000

$140,000

$150,000

$160,000

$170,000

$180,000

$190,000

$200,000

$210,000

$220,000

$230,000

$240,000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

Land Records

The Land Records Department is responsible for discovering and updating real estate parcel ownership

changes through research of various recorded documents processed by the Clay County Clerk of Court.

From calendar years 2002 through 2006, the volume of real estate transactions increased approximately

85%. From the end of 2006 through 2009, the number of transactions declined approximately 62%. Since

2015, the volume of transactions has declined slightly.

Year

#

Transactions

%

Change

2017 9,637 -8.53%

2016 10,536 -2.92%

2015 10,853 0.22%

2014 10,829 6.60%

2013 10,158 14.87%

2012 8,845 6.20%

2011 8,329 -.06%

24

Mobile Homes

A mobile home may be classified as either real property or as tangible personal property. If the mobile

home owner owns the land where the mobile home is located, it is considered real property and the

resident owner may be eligible for a homestead exemption. If the land is rented then the mobile home is

considered a motor vehicle and the attachments to the mobile home (carports, screen porch, etc.) are

classified as tangible personal property. Annual mobile home decals should be purchased by December 31st

from the Department of Motor Vehicles (Clay County Tax Collector).

History of Mobile Homes

% of County % of County

Asmt. Real Property Market Real Property Taxable Real Property

Year Parcels Value Market Value Value Taxable Value

2017 9,480 $531,719,043 3.56% $285,664,293 3.11%

2016 9,481 $520,134,794 3.74% $275,242,996 3.21%

2015 9,485 $473,439,934 3.66% $261,723,636 3.23%

2014 9,511 $465,548,877 3.79% $255,287,735 3.29%

2013 9,529 $468,099,576 4.04% $256,301,508 3.46%

2012 9,569 $485,572,091 4.26% $260,840,726 3.60%

2011 9,627 $525,190,519 4.44% $278,934,566 3.75%

25

2017 Real Property Parcel and Value Allocation

As indicated by the information below, Clay County’s parcel count and value is primarily based on

residential property types.

Property Parcel Market % of Total Taxable % of Total

Type Count Value Market Value Value Taxable Value

Vacant Residential 11,004 $293,898,243 1.97% $272,730,955 2.97%

Non-Agricultural Acreage 360 $60,823,509 0.40% $55,371,743 0.60%

Single Family Residential 59,019 $10,101,185,348 67.60% $6,358,963,071 69.25%

Condominiums 2,385 $188,852,844 1.27% $138,108,470 1.50%

Retirement Homes & Misc.

Residential 2,199 $11,521,739 0.08% $11,472,684 0.12%

Mobile Homes 9,480 $531,719,043 3.56% $285,664,293 3.11%

Multifamily (less than 10 units) 329 $47,978,847 0.32% $42,570,473 0.46%

Multifamily (more than 10 units) 44 $317,938,000 2.13% $309,049,250 3.37%

Vacant Commercial 577 $97,906,022 0.66% $95,466,673 1.04%

Improved Commercial 1,750 $1,218,886,240 8.16% $1,180,165,622 12.90%

Vacant Industrial 14 $4,995,011 0.03% $4,970,476 0.05%

Improved Industrial 210 $203,003,356 1.36% $201,960,654 2.20%

Agricultural/Conservation 1,452 $561,848,728 3.76% $90,021,856 .98%

Institutional 460 $425,080,617 2.84% $117,907,729 1.28%

Government 900 $845,500,576 5.66% $646,167 0.01%

Miscellaneous 899 $30,680,663 0.20% $17,939,907 0.20%

Totals: 91,082 $14,941,818,786 $9,183,010,023

Taxable Value by Property Type

Improved Residential

73.98%

Multifamily 3.83%

Agricultural .98%

Vacant

Commercial & Industrial 16.19%

Institutional

Governmental 0.01%

Miscellaneous 0.20%

Residential 1.28% 2.97%

26

Permit Activity

According to the Clay County Building Department, permit activity for new single family homes and

mobile homes peaked in calendar year 2005. At the conclusion of 2011, permit activity had declined

approximately 86% from the peak.

The net taxable value of new construction for Clay County peaked in assessment year 2006 at $650.4

million and subsequently declined to $69.8 million in 2012. Since 2012, the new construction value has

steadily increased, adding $196 million (taxable value) in 2017.

%

Year Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec Total Change

2017 55 133 117 72 129 100 86 76 89 84 86 82 1,109 5.32%

2016 49 125 104 105 94 101 100 97 88 73 56 61 1,053 27.02%

2015 62 73 60 87 73 66 65 47 106 89 62 39 829 0.24%

2014 42 72 75 89 77 77 73 83 72 72 43 52 827 -4.28%

2013 72 72 80 94 76 89 85 56 70 63 56 51 864 24.14%

2012 43 40 58 48 68 45 46 56 68 86 78 60 696 31.82%

2011 31 29 40 54 43 67 51 50 61 28 39 35 528 -18.64%

Source: Clay County Building Department

27

Tangible Personal Property and Centrally Assessed

Personal property is classified as either tangible or intangible. Tangible personal property can be touched, it

has intrinsic value. Taxable tangible personal property includes equipment in commercial use that is not

expressly exempt. Intangible personal property has value based on what the property represents. Stocks,

bonds, mutual funds, and accounts receivable are all intangible personal property. Intangible personal

property is not reported to the county property appraiser.

Centrally assessed is all railroad operating property subject to assessment according to s. 193.085(4)(a), F.S.,

and rolling stock of private car and freight line and equipment companies subject to assessment under s.

193.085(4)(b), F.S.

Ad valorem taxes from the assessment of tangible personal property are levied by local taxing authorities.

Tangible personal property and central assessments rely on a self-reporting system. Taxpayers who are

required to file must do so by April 1 of each year, listing the reportable property that was in place on

January 1, which is the assessment date.

History of TPP & Centrally Assessed

Asmt. # of % of Market % of Taxable % of

Year Accounts Change Value Change Value Change

2017 6,496 2.92% $1,137,802,949 -4.78% $736,291,666 3.49%

2016 6,312 5.80% $1,194,916,496 12.12% $711,429,168 2.64%

2015 5,966 7.83% $1,065,728,170 -1.08% $693,144,625 -0.80%

2014 5,533 -0.84% $1,077,351,757 3.57% $698,700,827 1.19%

2013 5,580 -1.80% $1,040,256,964 1.63% $690,497,405 0.75%

2012 5,682 -0.33% $1,023,542,682 -5.76% $685,389,768 -0.18%

2011 5,701 -1.23% $1,086,145,713 9.99% $686,611,929 2.34%

28

Taxing Authorities Clay County Property Appraiser

T

a

x

i

n

g

A

u

t

h

o

r

i

t

i

e

s

Taxing District Maps

Green Cove Springs Orange Park

Keystone Heights

Penney Farms Lake Asbury

29

Taxing Authorities

On an annual basis, each taxing authority establishes a millage rate by dividing the proposed budget by the

taxable value less the value of new construction. The millage rate is then multiplied by the taxable value of

each property located within the taxing district. The revenues generated are used to support the local

services provided by each of the taxing authorities. Each year the newly proposed millage rates are

published on the Truth in Millage (TRIM) notice sent to property owners during the month of August. It is

important to review the TRIM notice since it provides details about the proposed millage rates, the new

appraised values, and exemption information. The TRIM notice provides the date, time and place of the

taxing authority’s budget hearing as well as contact information.

Tax Authority

Code Description Full Description

001 BCC-Other County Services Board of County Commissioners - Other County Services

001 Fire Control MSTU-8 Fire Control Municipal Service Taxing Unit -8

001 Law Enforcement MSTU-4 Law Enforcement Municipal Service Taxing Unit -4

001 Unincorp Services MSTU Unincorporated Services Municipal Service Taxing Unit

002 Green Cove Springs City of Green Cove Springs

003 Keystone Heights City of Keystone Heights

004 Orange Park Town of Orange Park

005 Penney Farms Town of Penney Farms

006 Lake Asbury (Water) Lake Asbury Municipal Service Benefit District

007 Keystone Heights CRA Keystone Heights Community Redevelopment Area

008 Challenger Center Challenger Center Municipal Service Taxing Unit

School RLE School Required Local Effort

School Local Board School Discretionary and Capital Outlay

SJRWMD St Johns River Water Management District

30

Millage Rates

One mill equals $1 per $1,000 (.001). For example, a tax rate of 14.8114 mills is 1.48114% of taxable value.

(Calculation: .0148114 is multiplied by the taxable value of the property to determine the ad valorem tax.)

The millage (tax) rate history for each taxing authority is listed below.

Taxing Authority 2017 2016 2015 2014 2013 2012 2011

County Services 5.2349 5.2349 5.2349 5.2349 4.9849 0.3684 0.3684

BCC-Law Enforcement 3.4043 3.4043

BCC-EMS 1.2000 1.2000

Fire Control MSTU-8 0.5048 0.5048 0.5048 0.5048 0.5048 0.5048 0.5048

Law Enforcement MSTU-4 2.2503 2.2503 2.2503 2.2503 2.2503 2.1860 2.1860

Unicorp Services MSTU 0.1110 0.1110 0.1110 0.1110 0.1110 0.1875 0.1875

Total Combined 8.1010 8.1010 8.1010 8.1010 7.8510 7.8510 7.8510

School Board 6.4380 6.7620 7.1370 7.2220 7.3420 7.8210 7.9770

SJRWMD 0.2724 0.2885 0.3023 0.3164 0.3283 0.3313 0.3313

Total Unincorporated Area

(001) 14.8114 15.1515 15.5403 15.6394 15.5213 16.0033 16.1593

Green Cove Springs 3.6000 3.6000 3.6000 3.6000 2.9821 2.9821 2.5700

Total (002) 16.0501 16.3902 16.7790 16.8781 16.1421 16.6119 16.3558

Orange Park 6.1818 6.1818 6.1818 6.3000 6.2712 6.3000 6.3000

Total (004) 18.1271 18.4672 18.8560 19.0733 18.9264 19.4250 19.5810

Keystone Heights 4.0575 3.7000 3.5000 3.5000 2.9002 2.5302 2.4574

Total (003) (007) 18.7579 18.7405 18.9293 19.0284 18.3105 18.3460 18.4292

Lake Asbury MSBD 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000

Total (006) 14.8114 15.1515 15.5403 15.6394 15.5213 16.0033 16.1593

Challenger Center MSTU 3.0000 3.0000

Total (008) 17.8114 18.1515

Penney Farms 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000

Total (005) 14.7004 15.0405 15.4293 15.5284 15.4103 15.8158 15.9718

31

Breakdown of BCC and MSTU Taxing Authorities

Not all of the taxing authorities take advantage of the county services offered. Some of the cities and

towns have their own fire department, law enforcement and special services. Since this information was not

consistent across the board, it was necessary to develop the spreadsheet below. Hopefully, this will help to

explain the necessity of the different millage rates and the application of each.

Taxing

Authority

Services

Provided Where Excludes

Taxing Authority

Codes Included

BCC BCC - Law Enforcement * County-wide 001, 002, 003, 004, 005, 006

BCC BCC - EMS * County-wide 001, 002, 003, 004, 005, 006

BCC Other County Services County-wide 001, 002, 003, 004, 005, 006

MSTU Fire Control MSTU-8 Non-Countywide OP 001, 002, 003, 005, 006

MSTU Law Enforcement MSTU-4 Non-Countywide GCS, OP 001, 003, 005, 006

MSTU Unincorporated Services MSTU Unincorporated GCS, OP, PF, KH 001, 006

* Combined with “other county services” for 2013 assessment year.

32

Market Value

C

o

u

n

t

y

C

o

m

m

i

s

s

i

o

n

e

r

s

The market value of properties located within taxing district 001 increased 74.86% from 2004 to 2007. Due

to the economic recession, the market value decreased 24.54% from 2007 to 2012. Since 2012, the market

value has steadily increased, adding 6.38% in 2017.

Asmt. Real TPP & Market Value % of New % of

Year Property Central Assd. Total Change Construction Change

2017 $14,941,818,786 $1,137,802,949 $16,079,621,735 6.38% $226,008,746 16.19%

2016 $13,920,186,841 $1,194,916,496 $15,115,103,337 8.04% $194,518,659 1.11%

2015 $12,924,567,024 $1,065,728,170 $13,990,295,194 4.68% $192,382,047 -18.44%

2014 $12,287,088,567 $1,077,351,757 $13,364,440,324 5.77% $235,870,691 124.35%

2013 $11,595,012,605 $1,040,256,964 $12,635,269,569 1.78% $105,133,675 21.98%

2012 $11,391,325,899 $1,023,542,682 $12,414,868,581 -3.71% $86,191,924 -0.85%

2011 $11,807,486,646 $1,086,145,713 $12,893,632,359 -5.84% $86,934,412 -27.94%

Exempt Value

The Florida Constitution provides for a number of property exemptions and assessment reductions which

will reduce a property’s taxable value.

2017 Exempt Value

Type Real Property TPP Centrally Assessed Total

$25,000 Homestead (HX) $1,274,352,944 $0 $0 $1,274,352,944

Add. $25,000 HX $1,079,247,164 $0 $0 $1,079,247,164

Add HX 65+ (Seniors) $70,754,088 $0 $0 $70,754,088

TPP $25,000 $0 $49,017,497 $1,587,573 $50,605,070

Governmental $780,269,503 $294,249,795 $0 $1,074,519,298

Institutional $377,390,599 $54,170,801 $0 $431,561,400

Widows/Widowers $1,828,867 $0 $0 $1,828,867

Disability/Blind $145,697,130 $0 $0 $145,697,130

Conservation $2,814,118 $0 $0 $2,814,118

Historic $0 $0 $0 $0

Economic Development $0 $0 $0 $0

Lands Available For Taxes $310,375 $0 $0 $310,375

Parents/Grandparents $546,849 $0 $0 $546,849

Disabled Veterans Disc. $3,968,127 $0 $0 $3,968,127

Deployed Military Disc. $6,554,501 $0 $0 $6,554,501

HX Age 65+ & 25 yr. res. $0 $0 $0 $0

Total Exempt Value $3,743,734,265 $397,438,093 $1,587,573 $4,142,759,931

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Taxable Value

The taxable value of taxing district 001 decreased 26.11% from 2007 to 2012. The 2017 taxable value

represents 61.69% of the market value and has increased 25.15% since 2012. Additionally, the taxable value

of new construction continues to remain steady.

TPP & Taxable % of

Asmt. Real Central Value % of Market New % of

Year Property Assd. Total Change Value Construction Change

2017 $9,183,010,023 $736,291,666 $9,919,301,689 6.74% 61.69% $196,047,502 14.98%

2016 $8,851,632,263 $711,429,168 $9,293,061,431 5.53% 61.48% $170,504,022 -0.15%

2015 $8,113,184,672 $693,144,625 $8,806,329,297 4.20% 62.95% $170,762,516 23.41%

2014 $7,752,815,167 $698,700,827 $8,451,515,994 4.42% 63.24% $138,372,627 49.06%

2013 $7,403,379,301 $690,497,405 $8,093,876,706 2.12% 64.06% $92,827,886 32.99%

2012 $7,240,427,174 $685,389,768 $7,925,816,942 -2.39% 63.84% $69,803,242 -4.11%

2011 $7,433,115,009 $686,661,929 $8,119,776,938 -5.57% 62.98% $72,798,111 -31.82%

The chart below illustrates the allocation of taxes levied for a property located within taxing district 001

(total millage rate of 14.8114).

Where Does My 2017 Tax Dollar Go?

Schools -SJRWMD

Local Board 1.84%

Svcs. .75%

BCC County Services 35.34%

BCC -Fire Control

BCC Law

Enforcement 15.19%

BCC -Unincorp.

Schools State Law

28.29%

15.18%

3.41%

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Market Value

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to the economic recession, the market value decreased 24.88% from 2008 to 2012. Since 2012 the market

value has increased 30.7%. Additionally, the 2017 new construction value continued to increase.



2017 $577,211,487 $40,968,134 $618,179,621 10.29% $24,032,319 7.57%

2016 $519,838,565 $40,689,324 $560,527,889 8.52% $22,341,247 115.42%

2015 $478,454,472 $38,070,138 $516,524,610 2.88% $10,371,235 77.10%

2014 $458,982,424 $43,099,172 $502,081,596 3.55% $5,856,169 167.97%

2013 $439,474,852 $45,347,299 $484,822,151 2.52% $2,185,348 -11.96%

2012 $425,106,768 $47,811,866 $472,918,634 -3.07% $2,482,262 12.61%

2011 $440,530,719 $47,348,437 $487,879,156 -4.33% $2,204,202 -39.41%

Exempt Value


will reduce a property’s taxable value. Approximately 28% of the total exempt value is comprised of the

Constitutional Homestead Exemption and over 36% is comprised of the Governmental Exemption.

2017 Exempt Value


$25,000 Homestead (HX) $46,982,501 $0 $0 $46,982,501

Add. $25,000 HX $37,112,296 $0 $0 $37,112,296

Add HX 65+ (Seniors) $2,479,930 $0 $0 $2,479,930

TPP $25,000 $0 $2,790,016 $71,406 $2,861,422

Governmental $60,762,422 $250,000 $0 $61,012,422

Institutional $11,333,084 $976,789 $0 $12,309,873

Widows/Widowers $66,500 $0 $0 $66,500


Conservation $0 $0 $0 $0



Lands Available For Taxes $0 $0 $0 $0

Parents/Grandparents $0 $0 $0 $0

Disabled Veterans Disc. $167,715 $0 $0 $167,715

Deployed Military $97,250 $0 $0 $97,250

HX Age 65+ & 25 yr. res. $353,910 $0 $0 $353,910

Total Exempt Value $164,799,017 $4,016,805 $71,406 $168,887,228

35

Taxable Value


increased 7.99% and represents 64.46% of the market value.

TPP & Taxable % of



2017 $361,615,868 $36,836,765 $398,452,633 7.99% 64.46% $21,061,147 6.37%

2016 $331,727,474 $37,228,238 $368,955,712 7.45% 65.82% $19,799,681 163.52%

2015 $308,898,761 $34,487,181 $343,385,942 1.76% 66.48% $7,513,452 36.12%

2014 $298,003,618 $39,440,651 $337,444,269 3.41% 67.21% $5,519,856 357.47%

2013 $284,643,348 $41,666,193 $326,309,541 1.10% 67.30% $1,206,613 -43.62%

2012 $278,754,918 $43,998,114 $322,753,032 -2.00% 68.25% $2,140,006 -4.87%

2011 $286,004,221 $43,345,337 $329,349,558 -3.45% 67.51% $2,249,588 -31.62%




BCC County Services 32.62%

BCC Fire Control 3.15%

Schools State Law 26.11%

Schools Local Board

14.01%

SJRWMD 1.70%

City of GCS 22.43%

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Market Value

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to the economic recession, the market value decreased 22.52% from 2007 to 2012. Since 2012, the total

market value has steadily increased, adding 5.25% in 2017.

Asmt. Real TPP & Central Market Value % of New % of

Year Property Assd. Total Change Construction Change

2017 $94,241,762 $7,922,653 $102,164,325 5.25% $470,005 633.40%

2016 $89,064,180 $8,000,260 $97,064,440 3.00% $64,086 -4.62%

2015 $86,253,343 $,7.988,178 $94,241,521 1.84% $67,190 -78.12%

2014 $84,492,356 $8,049,692 $92,542,048 6.87% $307,038 -29.12%

2013 $78,721,185 $7,875,153 $86,596,338 0.39% $433,205 349.35%

2012 $78,535,604 $7,724,929 $86,260,533 -3.44% $96,408 -65.29%

2011 $81,438,317 $7,892,911 $89,331,228 -8.37% $277,713 451.39%

Exempt Value

The Florida Constitution provides for a number of property exemptions and assessment reductions

which will reduce a property’s taxable value. Approximately 26% of the total exempt value is comprised

of the Constitutional Homestead Exemption and approximately 51% is comprised of the Governmental

and Institutional Exemptions.

2017 Exempt Value


$25,000 Homestead (HX) $9,403,793 $0 $0 $9,403,793

Add. $25,000 HX $6,865,579 $0 $0 $6,865,579

Add HX 65+ (Seniors) $0 $0 $0 $0

TPP $25,000 $0 $711,173 $0 $711,173

Governmental $10,043,900 $42,877 $0 $10,086,777

Institutional $8,265,048 $277,042 $0 $8,542,090

Widows/Widowers $18,000 $0 $0 $18,000

Disability/Blind $592,079 $0 $0 $592,079







Deployed Military $28,181 $0 $0 $28,181

HX Age 65+ & 25 yr. res. $0 $0 $0 $0

Total Exempt Value $35,218,860 $1,031,092 $0 $36,249,952

37

Taxable Value


increased 4.77% and represents 58.29% of the market value.

Asmt. Real

TPP &

Central

Taxable

Value % of % of Market New % of


2017 $52,663,827 $6,891,471 $59,555,298 4.77% 58.29% $470,005 654.37%

2016 $49,863,521 $6,978,011 $56,841,532 3.27% 58.56% $62,304 234.91%

2015 $48,135,980 $6,907,239 $55,043,219 2.40% 58.41% $18,603 -91.70%

2014 $46,790,440 $6,962,640 $53,753,080 4.50% 58.06% $224,088 -48.27%

2013 $44,714,207 $6,725,016 $51,439,223 1.77% 59.40% $433,205 778.85%

2012 $44,016,685 $6,528,030 $50,544,715 -2.97% 58.60% $49,292 -76.37%

2011 $45,340,556 $6,751,569 $52,092,125 -6.34% 58.31% $208,603 373.45%



Where Does

SJRWMD 1.45%

My 2017 Tax Dollar Go?

BCC County Services

27.91%

BCC Fire Control

BCC Law

Enforcement 12.00%

Schools State Law 22.34%

Schools Local Board

11.98% Town of K.H.

21.63%

2.70%

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Market Value

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to the economic recession, the market value decreased 25.87% from 2007 to 2012. The total market value

has increased 18.45% since 2012, including 4.71% in 2017.



2017 $756,877,178 $70,833,115 $827,710,293 4.71% $4,849,976 11.22%

2016 $718,498,079 $71,951,085 $790,449,164 5.64% $4,360,825 115.95%

2015 $679,921,442 $68,323,444 $748,244,886 3.59% $2,019,361 -13.30%

2014 $654,893,533 $67,446,958 $722,340,491 3.03% $2,329,170 -6.62%

2013 $635,723,164 $65,387,825 $701,110,989 0.34% $2,494,257 283.88%

2012 $631,166,770 $67,594,696 $698,761,466 -3.88% $649,756 -67.44%

2011 $655,558,007 $71,374,440 $726,932,447 -7.05% $1,995,835 -55.82%

Exempt Value



Constitutional Homestead Exemption and over 56% is comprised of the Governmental and Institutional

Exemptions.

2017 Exempt Value


$25,000 Homestead (HX) $46,971,807 $0 $0 $46,971,807

Add. $25,000 HX $42,074,995 $0 $0 $42,074,995

Add HX 65+ (Seniors) $3,049,452 $0 $0 $3,049,452

TPP $25,000 $0 $6,087,479 $88,471 $6,175,950

Governmental $39,994,861 $23,977,793 $0 $63,972,654

Institutional $64,763,708 $7,027,536 $0 $71,791,244

Widows/Widowers $98,000 $0 $0 $98,000








Deployed Military Disc. $174,646 $0 $0 $174,646

HX Age 65+ & 25 yr. res. $1,647,808 $0 $0 $1,647,808

Total Exempt Value $204,403,164 $37,092,808 $88,471 $241,584,443

39

Taxable Value

The taxable value of taxing district 004 decreased 22.71% from 2007 to 2012. Since 2012, the total taxable

value has steadily increased, with a 4.67% increase in 2017.

Asmt. Real

TPP &

Central

Taxable

Value % of

% of

Market New % of


2017 $496,827,411 $33,651,836 $530,479,247 4.67% 64.09% $3,390,078 -19.94%

2016 $469,365,383 $37,453,931 $506,819,314 4.82% 64.12% $4,234,387 204.57%

2015 $447,824,866 $35,685,375 $483,510,241 2.43% 64.62% $1,390,306 -7.03%

2014 $438,107,219 $33,917,680 $472,024,899 3.50% 65.35% $1,495,501 89.08%

2013 $422,669,542 $33,414,667 $456,084,209 0.31% 65.05% $790,933 117.22%

2012 $418,671,813 $36,020,240 $454,692,053 -2.99% 65.07% $364,108 -25.94%

2011 $429,102,125 $39,616,099 $468,718,224 -6.00% 64.48% $491,652 -81.30%




BCC County Town of O.P. Services

34.10% 28.88%

Schools

SJRWMD Schools Local State Law

1.50% Board 23.11% 12.40%

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to the economic recession, the market value decreased 18.54% from 2007 to 2012. Since 2012, the market

value has steadily increased.



2017 $29,815,545 $4,958,160 $34,773,705 10.06% $113,457 -82.55%

2016 $28,248,460 $3,346,615 $31,595,075 9.72% $650,006 0.94%

2015 $25,852,328 $2,944,348 $28,796,676 3.22% $643,945 1830.46%

2014 $25,091,527 $2,807,071 $27,898,598 3.67% $33,357 -79.19%

2013 $24,199,331 $2,711,825 $26,911,156 -0.04% $160.273 -42.43%

2012 $24,166,581 $2,754,750 $26,921,331 -1.31% $278,391 -2217.69%

2011 $24,615,521 $2,664,010 $27,279,531 -4.82% -$13,146 -166.85%

Exempt Value



Constitutional Homestead Exemption and 91% is comprised of the Institutional Exemptions.

2017 Exempt Value


$25,000 Homestead (HX) $841,107 $0 $0 $841,107

Add. $25,000 HX $443,448 $0 $0 $443,448

Add HX 65+ (Seniors) $0 $0 $0 $0

TPP $25,000 $0 $40,076 $0 $40,076

Governmental $283,947 $1,502 $0 $285,449

Institutional $12,207,760 $3,389,818 $0 $15,597,578

Widows/Widowers $2,500 $0 $0 $2,500

Disability/Blind $11,000 $0 $0 $11,000






Disabled Veterans Disc. $0 $0 $0 $0

Deployed Military Disc. $0 $0 $0 $0

HX Age 65+ & 25 yr. res. $0 $0 $0 $0

Total Exempt Value $13,789,762 $3,431,396 $0 $17,221,158

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Taxable Value

The taxable value of taxing district 005 increased 72.89% from 2004 to 2007. Since 2011, the taxable value

has increased 33.30%, with the 2017 taxable value representing approximately 40% of the market value.

Asmt. Real TPP & Taxable Value % of % of New % of

Year Property Central Assd. Total Change Market Value Construction Change

2017 $12,379,147 $1,526,764 $13,905,911 5.00% 39.99% $98,464 -84.85%

2016 $11,367,235 $1,877,085 $13,244,320 11.93% 41.92% $650,006 50.42%

2015 $10,099,179 $1,733,996 $11,833,175 4.48% 41.09% $432,141 1195.50%

2014 $9,601,128 $1,724,408 $11,325,536 1.38% 40.60% $33,357 -75.57%

2013 $9,462,888 $1,708,320 $11,171,208 3.85% 41.51% $136,563 -44.97%

2012 $9,070,341 $1,686,916 $10,757,257 3.12% 39.96% $248,149 2302.22%

2011 $8,798,810 $1,632,627 $10,431,437 -2.96% 38.24% $10,330 -47.47%




BCC County Svcs.

35.61%

BCC Fire Control 3.43%

BCC Law Enforcement

15.31%

Schools State Law

28.50%

Schools Local Board

15.29%

SJRWMD 1.85%

Town of P.F. 0%

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to the economic recession, the market value decreased 36.88% from 2007 to 2012. Since 2012, the total

market value has increased 20.44%.

Asmt. Real TPP & Central Market Value % of New % of

Year Property Assd. Total Change Construction Change

2017 $105,119,413 $73 $105,119,486 3.87% $1,113,084 950.70%

2016 $101,198,088 $94 $101,198,182 10.32% $105,937 -31.03%

2015 $91,727,294 $119 $91,727,413 4.07% $153,608 706.85%

2014 $88,138,542 $141 $88,138,683 1.07% $19.038 -82.33%

2013 $87,207,871 $590 $87,208,461 -0.08% $107,751 -22.92%

2012 $87,279,178 $103 $87,279,281 -6.92% $139.797 92.48%

2011 $93,768,709 $0 $93,768,709 -10.49% $72,631 -77.30%

Exempt Value



Constitutional Homestead Exemption.

2017 Exempt Value


$25,000 Homestead (HX) $8,850,000 $0 $0 $8,850,000

Add. $25,000 HX $8,650,000 $0 $0 $8,650,000

Add HX 65+ (Seniors) $746,981 $0 $0 $746,981

TPP $25,000 $0 $73 $0 $73

Governmental $0 $0 $0 $0

Institutional $0 $0 $0 $0

Widows/Widowers $18,000 $0 $0 $18,000








Deployed Military Disc. $0 $0 $0 $0

HX Age 65+ & 25 yr. res. $0 $0 $0 $0

Total Exempt Value $19,751,274 $73 $0 $19,751,347

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Taxable Value

The taxable value of taxing district 006 decreased 18.46% from 2007 to 2012. Since 2012, the total taxable

value has steadily increased.

TPP & Taxable % of



2017 $62,670,352 $0 $62,670,352 4.72% 59.62% $1,251,443 501.80%

2016 $59,848,255 $0 $59,848,255 3.68% 59.14% $105,937 -31.03%

2015 $57,723,891 $0 $57,723,891 3.26% 62.93% $153.068 706.85%

2014 $55,900,330 $0 $55,900,330 2.78% 63.42% $19,038 -82.33%

2013 $54,390,183 $0 $54,390,183 2.27% 62.37% $107,751 -19.91%

2012 $53,180,712 $0 $53,180,712 -1.78% 60.93% $134,545 85.24%

2011 $54,142,381 $0 $54,142,381 -3.96% 57.74% $72,631 -77.30%




BCC Unicorp. Svcs.

BCC Law Enforcement

15.19%

BCC Fire SJRWMD Control 1.84% 3.41%

County Services 35.34%

.75% Schools State Law

28.29%

Schools Local Board

15.18%

Lake Asbury 0%

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The market value of properties located within the school board’s taxing district increased 74.86% from

2004 to 2007. Due to the economic recession, the market value decreased 24.54% from 2007 to 2012. The

total market value has increased 14.93% over the past three years, including 6.38% in 2017.



2017 $14,941,818,786 $1,137,802,949 $16,079,621,735 6.38% $226,008,746 16.19%

2016 $13,920,186,841 $1,194,916,496 $15,115,103,337 8.04% $194,518,659 1.11%

2015 $12,924,567,024 $1,065,728,170 $13,990,295,194 4.68% $192,382,047 -18.44%

2014 $12,287,088,567 $1,077,351,757 $13,364,440,324 5.77% $235,870,691 124.35%

2013 $11,595,012,605 $1,040,256,964 $12,635,269,569 1.78% $105,133,675 21.98%

2012 $11,391,325,899 $1,023,542,682 $12,414,868,581 -3.71% $86,191,924 -0.23%

2011 $11,807,486,646 $1,086,145,713 $12,893,632,359 -5.84% $86,394,412 -28.38%

Exempt Value



Constitutional Homestead Exemption and over 37% is comprised of the Governmental Exemption.

Type

2017 Exempt Value

Real Property TPP Centrally Assessed Total

$25,000 Homestead (HX) $1,274,352,944 $0 $0 $1,274,352,944

Add. $25,000 HX $0 $0 $0 $0

Add HX 65+ (Seniors) $0 $0 $0 $0

TPP $25,000 $0 $49,017,497 $1,587,573 $50,605,070

Governmental $830,082,512 $294,249,795 $0 $1,124,332,307

Institutional $382,736,318 $54,170,801 $0 $436,907,119

Widows/Widowers $1,828,867 $0 $0 $1,828,867


Conservation $2,893,379 $0 $0 $2,893,379







HX Age 65+ & 25 yr. res. $0 $0 $0 $0


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Taxable Value

The taxable value decreased 18.15% from 2008 to 2012. The 2017 taxable value increased 6.45% and

represents 69.29% of the market value.

TPP & Taxable % of

Asmt.

Year

Real

Property

Central

Assd.

Value

Total

% of

Change

Market

Value

New

Construction

% of

Change

2014 $8,862,997,810 $698,700,827 $9,561,698,637 4.14% 71.55% $147,976,431 49.46%

2013 $8,490,694,543 $690,497,405 $9,181,191,948 1.87% 72.66% $99,007,209 30.69%

2012 $8,327,626,162 $685,389,768 $9,013,015,930 -2.27% 72.60% $75,757,134 -5.32%

2011 $8,535,200,559 $670,935,720 $9,726,920,884 -7.24% 71.03% $114,883,709 -35.84%

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2017 $10,405,620,133 $736,291,666 $11,141,911,799 6.45% 69.29% $208,151,668 14.86% 2016 $9,755,023,233 $711,429,168 $10,466,452,401 5.40% 69.24% $181,229,153 0.65% 2015 $9,237,304,703 $693,144,625 $9,930,449,328 3.86% 70.98% $180,067,246 21.69%

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The market value of properties located within the SJRWMD increased 74.86% from 2004 to 2007. Due to

the economic recession, the market value decreased 24.54% from 2007 to 2012. The total market value has

increased 14.93% over the past three years, including 6.38% in 2017.



2017 $14,941,818,786 $1,137,802,949 $16,079,621,735 6.38% $228,981,299 17.72%

2016 $13,920,186,841 $1,194,916,496 $15,115,103,337 8.04% $194,518,659 1.11%

2015 $12,924,567,024 $1,065,728,170 $13,990,295,194 4.68% $192,382,047 -18.44%

2014 $12,287,088,567 $1,077,351,757 $13,364,440,324 5.77% $235,870,691 124.35%

2013 $11,595,012,605 $1,040,256,964 $12,635,269,569 1.78% $105,133,675 21.98%

2012 $11,391,325,899 $1,023,542,682 $12,414,868,581 -3.71% $86,191,924 -0.23%

2011 $11,807,486,646 $1,086,145,713 $12,893,632,359 -5.84% $86,394,412 -28.38%

Exempt Value



Constitutional Homestead Exemption.

2017 Exempt Value


$25,000 Homestead (HX) $1,274,352,944 $0 $0 $1,274,352,944

Add. $25,000 HX $1,079,247,165 $0 $0 $1,079,247,165

Add HX 65+ (Seniors) $0 $0 $0 $0

TPP $25,000 $0 $49,017,497 $1,587,573 $50,605,070

Governmental $780,269,503 $294,249,795 $0 $1,074,519,298

Institutional $377,390,599 $54,170,801 $0 $431,561,400

Widows/Widowers $1,828,867 $0 $0 $1,828,867


Conservation $2,814,118 $0 $0 $2,814,118







HX Age 65+ & 25 yr. res. $0 $0 $0 $0


47

Taxable Value

The taxable value of the SJRWMD decreased 25.96% from 2007 to 2012. The 2017 taxable value increased

6.74% and represents 62.13% of the market value.

TPP & Taxable % of



2017 $9,253,653,940 $736,291,666 $9,989,945,606 6.74% 62.13% $196,494,546 14.97%

2016 $8,648,084,995 $711,429,169 $9,359,514,163 5.52% 61.92% $170,902,443 -0.31%

2015 $8,176,716,093 $693,144,625 $8,869,860,718 4.20% 63.40% $171,434,366 23.53%

2014 $7,813,915,890 $698,700,827 $8,512,616,717 4.43% 63.70% $138,775,704 49.31%

2013 $7,461,310,560 $690,497,405 $8,151,807,965 2.14% 64.52% $92,946,864 32.61%

2012 $7,295,718,134 $685,389,768 $7,981,107,902 -2.34% 64.29% $70,089,168 -3.90%

2011 $7,485,955,040 $686,661,929 $8,172,616,969 -5.52% 63.38% $72,933,833 -31.87%

S J

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48

“Our Ultimate Goal is to Produce Fair

and Accurate

Assessments”

www.facebook.com/ccpaofl

Roger A. Suggs CFA, AAS, CCF Clay County Property Appraiser

State-Certified General Real Estate Appraiser RZ2771 Office of the Property Appraiser Administration Bldg, 2nd Floor

477 Houston Street Green Cove Springs, FL 32043

(904) 269-6305 www.ccpao.com

This report is available on the

Clay County Property Appraiser’s website:

http://CCPAO.com


Documents

CLAY COUNTY PROPERTY APPRAISERGreen Cove Springs (002) 37-38 Keystone Height (003) 39-40 Orange Park (004) 41-42 Penney Farms (005) 43-44 Lake Asbury MSBD (006) 45-46 School Board