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

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 $ 4,690 (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. $ 2,560 (7c) (Line 5 multiplied by Line 7b, divided by 1,000) Prior year payment as proportion of taxes levied on increment value 7d. 183.00 % (7d) (Line 7a divided by Line 7c, multiplied by 100) 7e. Dedicated increment value (Line 3 multiplied by the percentage on Line 7d) $ 3,643,607 (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-420 CERTIFICATION OF TAXABLE VALUE R. 5/12 Rule 12D-16.002 Florida Administrative Code Effective 11/12 Year : 2015 County : OKALOOSA Principal Authority : Taxing Authority : OKALOOSA COUNTY BCC PARKS MSTU SECTION I : COMPLETED BY PROPERTY APPRAISER 1. Current year taxable value of real property for operating purposes $ 6,654,270,410 (1) 2. Current year taxable value of personal property for operating purposes $ 441,734,119 (2) 3. Current year taxable value of centrally assessed property for operating purposes $ 7,802,989 (3) 4. Current year gross taxable value for operating purposes (Line 1 plus Line 2 plus Line 3) $ 7,103,807,518 (4) Current year net new taxable value (Add new construction, additions, rehabilitative 5. improvements increasing assessed value by at least 100%, annexations, and tangible $ 94,673,481 (5) personal property value over 115% of the previous year's value. Subtract deletions.) 6. Current year adjusted taxable value (Line 4 minus Line 5) $ 7,009,134,037 (6) 7. Prior year FINAL gross taxable value from prior year applicable Form DR-403 series $ 6,834,602,764 (7) Does the taxing authority include tax increment financing areas? If yes, enter number Number 8. YES ✔ NO (8) of worksheets (DR-420TIF) attached. If none, enter 0 0 Does the taxing authority levy a voted debt service millage or a millage voted for 2 Number 9. years or less under s. 9(b), Article VII, State Constitution? If yes, enter the number of YES ✔ NO (9) DR-420DEBT, Certification of Voted Debt Millage forms attached. If none, enter 0 0 Property Appraiser Certification I certify the taxable values above are correct to the best of my knowledge. SIGN Signature of Property Appraiser: Date : HERE Electronically Certified by Property Appraiser 6/24/2015 5:02 PM SECTION II : COMPLETED BY TAXING AUTHORITY If this portion of the form is not completed in FULL your taxing authority will be denied TRIM certification and possibly lose its millage levy privilege for the tax year. If any line is not applicable, enter -0-. Prior year operating millage levy (If prior year millage was adjusted then use adjusted 10. 0.2990 per $1,000 (10) millage from Form DR-422) 11. Prior year ad valorem proceeds (Line 7 multiplied by Line 10, divided by 1,000) $ 2,043,546 (11) Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a 12. $ 0 (12) dedicated increment value (Sum of either Lines 6c or Line 7a for all DR-420TIF forms) 13. Adjusted prior year ad valorem proceeds (Line 11 minus Line 12) $ 2,043,546 (13) 14. Dedicated increment value, if any (Sum of either Line 6b or Line 7e for all DR-420TIF forms) $ 0 (14) 15. Adjusted current year taxable value (Line 6 minus Line 14) $ 7,009,134,037 (15) 16. Current year rolled-back rate (Line 13 divided by Line 15, multiplied by 1,000) 0.2916 per $1000 (16) 17. Current year proposed operating millage rate 0.2990 per $1000 (17) Total taxes to be levied at proposed millage rate (Line 17 multiplied by Line 4, divided (18) 18. 2,124,038 by 1,000) $ Continued on page 2  DR-420 R. 5/12 Page 2 ✔ County Independent Special District 19. TYPE of principal authority (check one) (19) Municipality Water Management District Applicable taxing authority (check one) Principal Authority Dependent Special District 20. (20) ✔ MSTU Water Management District Basin 21. Is millage levied in more than one county? (check one) Yes ✔ No (21) DEPENDENT SPECIAL DISTRICTS AND MSTUs STOP HERE - SIGN AND SUBMIT 22. Enter the total adjusted prior year ad valorem proceeds of the principal authority, all dependent special districts, and MSTUs levying a millage. (The sum of Line 13 from all DR-420 $ (22) forms) 23. Current year aggregate rolled-back rate (Line 22 divided by Line 15, multiplied by 1,000) per $1,000 (23) 24. Current year aggregate rolled-back taxes (Line 4 multiplied by Line 23, divided by 1,000) $ (24) Enter total of all operating ad valorem taxes proposed to be levied by the principal 25. taxing authority, all dependent districts, and MSTUs, if any. (The sum of Line 18 from all $ (25) DR-420 forms) 26. Current year proposed aggregate millage rate (Line 25 divided by Line 4, multiplied per $1,000 (26) by 1,000) Current year proposed rate as a percent change of rolled-back rate (Line 26 divided by 27. % (27) Line 23, minus 1, multiplied by 100) Date : Time : Place : First public budget hearing I certify the millages and rates are