Okaloosa County BOCC — August 4, 2015 — Tentative Millage document support-FY2016 — reading text

First public budget hearing I certify the millages and rates are correct to the best of my knowledge. Taxing Authority Certification The millages comply with the provisions of s. 200.065 and the provisions of either s. 200.071 or s. 200.081, F.S. S Signature of Chief Administrative Officer : Date : I G N Title : Contact Name and Contact Title : GARY J STANFORD, FINANCE DIRECTOR JOHN HOFSTAD, COUNTY ADMINISTRATOR H E Mailing Address : Physical Address : 302 N WILSON STREET STE 203 R E City, State, Zip : Phone Number : Fax Number : CRESTVIEW, FL 32536 8506895000 8506895882 Instructions on page 3  DR-420 CERTIFICATION OF TAXABLE VALUE R. 5/12 Page 3 INSTRUCTIONS “Principal Authority” is a county, municipality, or independent special district (including water management districts). “Taxing Authority” is the entity levying the millage. This includes the principal authority, any special district dependent to the principal authority, any county municipal service taxing unit (MSTU), and water management district basins. Each taxing authority must submit to their property appraiser a DR-420 and the following forms, as applicable: · DR-420TIF, Tax Increment Adjustment Worksheet · DR-420DEBT, Certification of Voted Debt Millage · DR-420MM-P, Maximum Millage Levy Calculation - Preliminary Disclosure Section I: Property Appraiser Section II: Taxing Authority Use this DR-420 form for all taxing authorities except school Complete Section II. Keep one copy, return the original and districts. Complete Section I, Lines 1 through 9, for each county, one copy to your property appraiser with the applicable municipality, independent special district, dependent special DR-420TIF, DR-420DEBT, and DR-420MM-P within 35 days district, MSTU, and multicounty taxing authority. Enter only of certification. Send one copy to the tax collector. “Dependent taxable values that apply to the taxing authority indicated. Use a special district” (ss. 200.001(8)(d) and 189.403(2), F.S.) separate form for the principal authority and each dependent means a special district that meets at least one of the district, MSTU and water management district basin. following criteria: Line 8 z The membership of its governing body is identical to that of the governing body of a single county or a single Complete a DR-420TIF for each taxing authority making municipality. payments to a redevelopment trust fund under Section 163.387 (2)(a), Florida Statutes or by an ordinance, resolution or z All members of its governing body are appointed by the agreement to fund a project or to finance essential infrastructure. governing body of a single county or a single municipality. Check "Yes" if the taxing authority makes payments to a redevelopment trust fund. Enter the number of DR-420TIF forms z During their unexpired terms, members of the special attached for the taxing authority on Line 8. Enter 0 if none. district's governing body are subject to removal at will by the governing body of a single county or a single Line 9 municipality. Complete a DR-420DEBT for each taxing authority levying either z The district has a budget that requires approval through an a voted debt service millage (s.12, Article VII, State Constitution) affirmative vote or can be vetoed by the governing body or a levy voted for two years or less (s. 9(b), Article VII, State of a single county or a single municipality. Constitution). "Independent special district” (ss. 200.001(8)(e) and 189.403 Check “Yes” if the taxing authority levies either a voted debt (3), F.S.) means a special district that is not a dependent service millage or a levy voted for 2 years or less (s. 9(b), Article special district as defined above. A district that includes more VII, State Constitution). These levies do not include levies than one county is an independent special district unless the approved by a voter referendum not required by the State district lies wholly within the boundaries of a single Constitution. Complete and attach DR-420DEBT. Do not municipality. complete a separate DR-420 for these levies. “Non-voted millage” is any millage not defined as a “voted Send a copy to each taxing authority and keep a copy. When the millage” in s. 200.001(8)(f), F.S. taxing authority returns the DR-420 and the accompanying forms, immediately send the original to: Lines 12 and 14 Florida Department of Revenue Adjust the calculation of the rolled-back rate for tax increment Property Tax Oversight - TRIM Section values and payment amounts. See the instructions for P. O. Box 3000 DR-420TIF. On Lines 12 and 14, carry forward values from Tallahassee, Florida 32315-3000 the DR-420TIF forms. Line 24 Include only those levies derived from millage rates. All TRIM forms for taxing authorities are available on our website at http://dor.myflorida.com/dor/property/trim  Reset Form Print Form DR-420MM-P MAXIMUM MILLAGE LEVY CALCULATION R. 5/12 Rule 12D-16.002 PRELIMINARY DISCLOSURE Florida Administrative Code For municipal governments, counties, and special districts Effective 11/12 Year: 2015 County: OKALOOSA Principal Authority : Taxing Authority: OKALOOSA COUNTY BCC OKALOOSA COUNTY BCC Is your taxing authority a municipality or independent special district that has levied 1. Yes ✔ No (1) ad valorem taxes for less than 5 years? IF YES, STOP HERE. SIGN AND SUBMIT. You are not subject to a millage limitation. 2. Current year rolled-back rate from Current Year Form DR-420, Line 16 3.3239 per $1,000 (2) 3. Prior year maximum millage rate with a majority vote from 2014 Form DR-420MM, Line 13 5.4016 per $1,000 (3) 4. Prior year operating millage rate from Current Year Form DR-420, Line 10 3.4308 per $1,000 (4) If Line 4 is equal to or greater than Line 3, skip to Line 11. If less, continue to Line 5. Adjust rolled-back rate based on prior year majority-vote maximum millage rate 5. Prior year final gross taxable value from Current Year Form DR-420, Line 7 $ 14,375,730,735 (5) Prior year maximum ad valorem proceeds with majority vote 6. $ 77,651,947 (6) (Line 3 multiplied by Line 5 divided by 1,000) Amount, if any, paid or applied in prior year as a consequence of an obligation 7. $ 1,230,670 (7) measured by a dedicated increment value from Current Year Form DR-420 Line 12 8. Adjusted prior year ad valorem proceeds with majority vote (Line 6 minus Line 7) $ 76,421,277 (8) 9. Adjusted current year taxable value from Current Year form DR-420 Line 15 $ 14,467,647,379 (9) 10. Adjusted current year rolled-back rate (Line 8 divided by Line 9, multiplied by 1,000) 5.2822 per $1,000 (10) Calculate maximum millage levy Rolled-back rate to be used for maximum millage levy calculation 11. 5.2822 per $1,000 (11) (Enter Line 10 if adjusted or else enter Line 2) 12. Adjustment for change in per capita Florida personal income (See Line 12 Instructions) 1.0196 (12) 13. Majority vote maximum millage rate allowed (Line 11 multiplied by Line 12) 5.3857 per $1,000 (13) 14. Two-thirds vote maximum millage rate allowed (Multiply Line 13 by 1.10) 5.9243 per $1,000 (14) 15. Current year proposed millage rate