The mission of bay county property appraiser is to fairly and equally value and list, recognize, and assess all tangible and immovable, personal property for the public purpose of making the local ad valorem taxation roll as per prescribed by Florida Statutes. They are an arm of the County where you live and work, so it is important that they do a great job. In fact, the Appraisers' duties are spelled out in the guidelines and procedures set forth by the Appraisal Code, which is also a part of the counties Code. These guidelines and procedures have been adopted as a way to protect the citizens of Bay County and all citizens of Florida in general. That is why the Appraisal Code is an interest of great importance to everyone.

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One of the primary roles of the bay county property appraiser is to review the properties which may be subject to homestead exemption. The homestead exemption provision of the Florida Constitution and statutes is one of the most restrictive and onerous in the United States. So important is this provision that without it, a person owning more than one residential dwelling may not enjoy this right. The Appraisers must review all homestead exemptions and if they find they are not current or comply with the statute they are obligated to resubmit the information to the Appraisal Review Department for review.

 

There are two types of homestead exemptions available in bay county, the first is the first time home buyer's exemption, which provides for a one-time homebuyer tax credit. If the property is sold at this tax value then the homestead exemption is granted. This exemption expires when the homeowner leaves the home, so it is a renewable homestead exemption. The second type of homestead exemption is the year-round home buyer tax credit. This credit is renewable every year, so as long as the property taxes are paid and the property is maintained in compliance with local ordinances the homebuyer will never pay income tax on her purchase.

What You Should Expect From Your Bay County Property Appraiser

 

The Appraisers are also responsible for the setting of villages, which are based on the prevailing market prices of property values in the area. The county supervisor has the authority to approve millages, but generally the Appraisers choose them as well. The Appraiser must determine the fair market value of the land. This is a very competitive market because the value of land is constantly changing due to building activity, improvements, seasonal fluctuations, and so forth. The appraiser must take into consideration any improvements that may have been made to the property since the last appraisal, along with any deterioration that may have occurred before the last appraisal.

 

Once the Appraiser determines the fair market value, the next step is to determine the amount of property tax that must be collected on the sale of the real property. This is referred to as the property tax. There are two different ways to collect the property tax. The first way is by collecting the amount of the taxes each year from the personal property owners; and the second is by making a one time special assessment against the entire property tax bill.

 

One other area that the appraiser will cover is the homestead exemption and the property tax rate for a new home. In order for a homestead exemption to be applied to a new home it must first be determined that there are no liens or other restrictions on the property. The homestead exemption is not allowed to apply to manufactured homes or to mobile homes. If there are any liens on the property, the county supervisor will usually require the homestead exemption to be applied to those properties.

 

The next topic that the appraiser will cover is the millage rates and other retail prices in the area. The amount of the tax that is assessed against a home depends largely on the millage rates in the particular area. These millage rates are usually based on a fixed formula and are updated every five years. There are certain counties in the bay county area that allow for deviation from the prescribed millage rates. This means that if the millage rate for a neighborhood is much higher than the county's prescribed rate, then a homeowner may be able to get a slight reduction in his or her taxable value.

 

The final topic that will be covered is the current residential address of a person who has requested a new home. The home must be located within walking distance to a public park, a fire station, a school, a bank, a health center, a shopping center, a supermarket, or other establishments that are open twenty-four hours a day. In the event that a person moves within a specified distance from his or her new home for less than one year, that person will lose the homestead exemption. The appraiser will then reassess the home to reflect the new residential address. If the new home is still outside the property boundaries established by the appraiser, then the homestead exemption will be restored.

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