Okaloosa County BOCC — August 2, 2016 — FY2017 Trim Millage Documents — reading text

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 : 2016 County : OKALOOSA Principal Authority : Taxing Authority : OKALOOSA COUNTY BCC OKALOOSA COUNTY BCC Community Redevelopment Area : Base Year : Destin Harbor (DH) 2003 SECTION I : COMPLETED BY PROPERTY APPRAISER 1. Current year taxable value in the tax increment area $ 370,460,207 (1) 2. Base year taxable value in the tax increment area $ 196,250,561 (2) 3. Current year tax increment value (Line 1 minus Line 2) $ 174,209,646 (3) 4. Prior year Final taxable value in the tax increment area $ 361,208,633 (4) 5. Prior year tax increment value (Line 4 minus Line 2) $ 164,958,072 (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 6/24/2016 11:55 AM 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. 44.00 % (6a) 6b. Dedicated increment value (Line 3 multiplied by the percentage on Line 6a) $ 76,652,244 (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 $ 234,940 (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 $ 0 (7a) 7b. Prior year operating millage levy from Form DR-420, Line 10 0.0000 per $1,000 (7b) Taxes levied on prior year tax increment value 7c. $ 0 (7c) (Line 5 multiplied by Line 7b, divided by 1,000) Prior year payment as proportion of taxes levied on increment value 7d. 0.00 % (7d) (Line 7a divided by Line 7c, multiplied by 100) 7e. Dedicated increment value (Line 3 multiplied by the percentage on Line 7d) $ 0 (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 : 2016 County : OKALOOSA Principal Authority : Taxing Authority : OKALOOSA COUNTY BCC OKALOOSA COUNTY BCC Community Redevelopment Area : Base Year : Destin Town Center (DR) 1998 SECTION I : COMPLETED BY PROPERTY APPRAISER 1. Current year taxable value in the tax increment area $ 226,188,795 (1) 2. Base year taxable value in the tax increment area $ 94,996,840 (2) 3. Current year tax increment value (Line 1 minus Line 2) $ 131,191,955 (3) 4. Prior year Final taxable value in the tax increment area $ 213,633,017 (4) 5. Prior year tax increment value (Line 4 minus Line 2) $ 118,636,177 (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 6/24/2016 11:55 AM 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 $ 383,057 (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. $ 407,017 (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) $ 123,320,438 (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