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Okaloosa County BOCC — August 4, 2015 — Tentative Millage document support-FY2016 — reading text
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INCREMENT ADJUSTMENT WORKSHEET Florida Administrative Code
Effective 11/12
Year : 2015 County : OKALOOSA
Principal Authority : Taxing Authority :
OKALOOSA COUNTY BCC OKALOOSA COUNTY BCC
Community Redevelopment Area : Base Year :
Fort Walton Beach (RD)
1982
SECTION I : COMPLETED BY PROPERTY APPRAISER
1. Current year taxable value in the tax increment area $ 158,898,159 (1)
2. Base year taxable value in the tax increment area $ 15,309,825 (2)
3. Current year tax increment value (Line 1 minus Line 2) $ 143,588,334 (3)
4. Prior year Final taxable value in the tax increment area $ 156,039,159 (4)
5. Prior year tax increment value (Line 4 minus Line 2) $ 140,729,334 (5)
Property Appraiser Certification I certify the taxable values above are correct to the best of my knowledge.
SIGN
HERE Signature of Property Appraiser : Date :
Electronically Certified by Property Appraiser 6/24/2015 5:02 PM
SECTION II: COMPLETED BY TAXING AUTHORITY Complete EITHER line 6 or line 7 as applicable. Do NOT complete both.
6. If the amount to be paid to the redevelopment trust fund IS BASED on a specific proportion of the tax increment value:
6a. Enter the proportion on which the payment is based. 0.00 % (6a)
6b. Dedicated increment value (Line 3 multiplied by the percentage on Line 6a) $ 0 (6b)
If value is zero or less than zero, then enter zero on Line 6b
6c. Amount of payment to redevelopment trust fund in prior year $ 0 (6c)
7. If the amount to be paid to the redevelopment trust fund IS NOT BASED on a specific proportion of the tax increment value:
7a. Amount of payment to redevelopment trust fund in prior year $ 455,807 (7a)
7b. Prior year operating millage levy from Form DR-420, Line 10 3.4308 per $1,000 (7b)
Taxes levied on prior year tax increment value
7c. $ 482,814 (7c)
(Line 5 multiplied by Line 7b, divided by 1,000)
Prior year payment as proportion of taxes levied on increment value
7d. 94.00 % (7d)
(Line 7a divided by Line 7c, multiplied by 100)
7e. Dedicated increment value (Line 3 multiplied by the percentage on Line 7d) $ 134,973,034 (7e)
If value is zero or less than zero, then enter zero on Line 7e
Taxing Authority Certification I certify the calculations, millages and rates are correct to the best of my knowledge.
Signature of Chief Administrative Officer : Date :
S
I
G Title : Contact Name and Contact Title :
N JOHN HOFSTAD, COUNTY ADMINISTRATOR GARY J STANFORD, FINANCE DIRECTOR
H Mailing Address : Physical Address :
E 302 N WILSON STREET STE 203
R
E City, State, Zip : Phone Number : Fax Number :
CRESTVIEW, FL 32536 8506895000 8506895882
Reset Form Print Form DR-420TIF
R. 6/10
Rule 12D-16.002
TAX INCREMENT ADJUSTMENT WORKSHEET Florida Administrative Code
Effective 11/12
Year : 2015 County : OKALOOSA
Principal Authority : Taxing Authority :
OKALOOSA COUNTY BCC OKALOOSA COUNTY BCC
Community Redevelopment Area : Base Year :
Fort Walton Beach Expansion (FE)
1998
SECTION I : COMPLETED BY PROPERTY APPRAISER
1. Current year taxable value in the tax increment area $ 79,493,028 (1)
2. Base year taxable value in the tax increment area $ 37,439,782 (2)
3. Current year tax increment value (Line 1 minus Line 2) $ 42,053,246 (3)
4. Prior year Final taxable value in the tax increment area $ 76,535,168 (4)
5. Prior year tax increment value (Line 4 minus Line 2) $ 39,095,386 (5)
Property Appraiser Certification I certify the taxable values above are correct to the best of my knowledge.
SIGN
HERE Signature of Property Appraiser : Date :
Electronically Certified by Property Appraiser 6/24/2015 5:02 PM
SECTION II: COMPLETED BY TAXING AUTHORITY Complete EITHER line 6 or line 7 as applicable. Do NOT complete both.
6. If the amount to be paid to the redevelopment trust fund IS BASED on a specific proportion of the tax increment value:
6a. Enter the proportion on which the payment is based. 0.00 % (6a)
6b. Dedicated increment value (Line 3 multiplied by the percentage on Line 6a) $ 0 (6b)
If value is zero or less than zero, then enter zero on Line 6b
6c. Amount of payment to redevelopment trust fund in prior year $ 0 (6c)
7. If the amount to be paid to the redevelopment trust fund IS NOT BASED on a specific proportion of the tax increment value:
7a. Amount of payment to redevelopment trust fund in prior year $ 121,460 (7a)
7b. Prior year operating millage levy from Form DR-420, Line 10 3.4308 per $1,000 (7b)
Taxes levied on prior year tax increment value
7c. $ 134,128 (7c)
(Line 5 multiplied by Line 7b, divided by 1,000)
Prior year payment as proportion of taxes levied on increment value
7d. 91.00 % (7d)
(Line 7a divided by Line 7c, multiplied by 100)
7e. Dedicated increment value (Line 3 multiplied by the percentage on Line 7d) $ 38,268,454 (7e)
If value is zero or less than zero, then enter zero on Line 7e
Taxing Authority Certification I certify the calculations, millages and rates are correct to the best of my knowledge.
Signature of Chief Administrative Officer : Date :
S
I
G Title : Contact Name and Contact Title :
N JOHN HOFSTAD, COUNTY ADMINISTRATOR GARY J STANFORD, FINANCE DIRECTOR
H Mailing Address : Physical Address :
E 302 N WILSON STREET STE 203
R
E City, State, Zip : Phone Number : Fax Number :
CRESTVIEW, FL 32536 8506895000 8506895882
Reset Form Print Form DR-420TIF
R. 6/10
Rule 12D-16.002
TAX INCREMENT ADJUSTMENT WORKSHEET Florida Administrative Code
Effective 11/12
Year : 2015 County : OKALOOSA
Principal Authority : Taxing Authority :
OKALOOSA COUNTY BCC OKALOOSA COUNTY BCC
Community Redevelopment Area : Base Year :
NICEVILLE (NV)
2013
SECTION I : COMPLETED BY PROPERTY APPRAISER
1. Current year taxable value in the tax increment area $ 86,543,868 (1)
2. Base year taxable value in the tax increment area $ 84,552,826 (2)
3. Current year tax increment value (Line 1 minus Line 2) $ 1,991,042 (3)
4. Prior year Final taxable value in the tax increment area $ 85,298,869 (4)
5. Prior year tax increment value (Line 4 minus Line 2) $ 746,043 (5)
Property Appraiser Certification I certify the taxable values above are correct to the best of my knowledge.
SIGN
HERE Signature of Property Appraiser :
