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Fall 2006

 

Volusia County tax roll up a record 33 percent

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.


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

Phil Ehlinger
Director

doed@volusia.org