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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 :

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