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Fall 2006
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Volusia County tax roll up a record 33 percent
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The
taxable value of all property in Volusia County now exceeds
$58 billion, according to the just released 2006 tax roll
that increased by a whopping record 33 percent.
“It’s the
largest increase in taxable value we’ve ever had,” said
Volusia County Property Appraiser Morgan Gilreath.
This
percentage increase is for tax roll growth for 2005,
according to Don Shreve, Volusia County’s Chief Deputy
Property Appraiser. “These figures are using 2004 sales to
represent 2005, and 2005 sales for 2006. These numbers
indicate that 2005 was a very good year.”
Shreve
pointed out the tax roll is the basis by which local
governments calculate their tax rates. With budget workshops
and meetings through
September local government leaders are making decisions for
new budgets which begin October 1. |
Morgan Gilreath,
Volusia County Property Appraiser |
Volusia County
Government is
considering a county wide tax rate that’s
36 cents per $1,000 of taxable value less
than last year’s.
“When budgets are calculated, and
authorities are looking at funding new
budgets, it is important for taxpayers to
understand that last year’s rate on this
year’s tax base is the rollback rate,”
Gilreath advises. “Any increase over the
rollback rate is an increase in taxes.”
And, although 2005 and 2006 were
tax roll growth for the record books,
Gilreath said this trend isn’t likely to be
repeated in the near future.
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Department of Economic Development
700 Catalina Drive, Suite 200,
Daytona Beach, FL 32114
Telephone: 386-248-8048
FAX: 386 238-4761 Toll Free: 800-554-3801
Richard Michael
Director
doed@volusia.org |
