This informational supplement is provided by the Walton County Property Appraiser’s Office to assist you in understanding the enclosed Notice of Proposed Property Taxes (TRIM Notice) and to call your attention to important information found on your TRIM Notice. Please observe, the enclosed state-ment is only a proposed notice-the Tax Collector will mail the actual tax bill in November.

Florida law requires the property appraiser to prepare and mail the TRIM (Truth in Millage) Notices to all property owners in the county on behalf of the taxing authorities in this jurisdiction.

The taxing authorities, i.e., county government, city government, school districts, fire districts, and other taxing districts, set the millage (tax) rates. These rates are calculated and set by the various taxing authorities and are used in their calculations of budget funding for the upcoming fiscal year.

While property value is a component of the tax amount due, the property appraiser has no role in establishing millage (tax) rates or non-ad valorem assessment amounts. The property appraiser is responsible for reporting property values and administering property tax exemptions. The taxing authorities are responsible for establishing budgets and setting tax rates. This separation of duties is prescribed in the framework of Florida’s form of government.

Questions regarding tax rates and/or budgets should be directed to the taxing authorities at the contact listed on your notice. Should you have questions about an exemption or your property value, please contact the Property Appraiser’s Office.

We are here to serve you and consider it a privilege to do so.

Yours truly,

Gary J. GregorWalton County Property Appraiser

WALTON COUNTY PROPERTY VALUE TOTALS($ Billions)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

$2.0$4.0

$6.0$8.0

$10.0

$12.0

$15.1*

$14.0

$16.0

$18.0

$20.0

$10.9

$13.3*

$16.8*

$18.4*

WALTON COUNTY PROPERTY APPRAISER CONTACTSMAIN OFFICE ANNEX OFFICEWalton County Courthouse Walton Governmental Center-South571 U.S. Hwy 90 East 31 Coastal Centre Blvd Suite 600DeFuniak Springs, FL 32433 Santa Rosa Beach, FL 32459Phone: (850) 892-8123 Phone: (850) 267-4500Fax: (850) 892-8374 Fax: (850) 267-1911

$10.9

$11.9

Understanding YourNotice of Proposed Property Taxes

~A GUIDE TO THE 2021 TRIM NOTICE~

PROPERTY APPRAISER

WALTON COUNTY

www.waltonpa.comwww.waltonpa.com

$20.08*

WALTON COUNTY NEW CONSTRUCTION TOTALS($ Millions)

$300M

$400M

$500M

$600M

$700M

2014 2015 2016 2017 2018 2019 2020

$313.3

$394.8

$431.6

$507.1

$654.0

$22.0

$800M

$900M

$683.9

The 2021 property value for Walton County is $27,089,595,978*, a 12% increase from 2020. The capped County Commission value total increased 11.5%, to $25,412,002,917.

New construction completed in 2021 totaled $991,377,540.The 2020 figure for new construction was $657,219,786.

*School Taxable Value

2021

$21.6*

2021

$24.0 $23.6*

$657.2

$26.0

$27.0*

$991.3

$28.0

$1B

Examine Your Property’s Market ValueIf you believe the market value indicated on your notice exceeds fair market value, you should contact the appraiser’s office. We will gladly discuss the assessment. Also, you may file an appeal to be heard by an inde-pendent magistrate to the Value Adjustment Board. Petition forms are available in the Property Appraiser’s Office, or from our website under “Value Adjustment Board Info”. The deadline to file petitions with the VAB Clerk is on, or before, the 25th day after mailing of the notices (see bottom right corner of your TRIM Notice for VAB petition filing deadline).

January 1, Date of AssessmentFlorida’s Constitution and Statutes call for the just value (market value) of property to be established as of January 1, each year. By the time you receive your TRIM Notice, eight months have passed since the date of assessment. Generally, market conditions from the prior year are used in the valuation of properties for the current year’s assessment. Physical changes, economic events, and market trends occurring after January 1, will be factors in establishing next year’s property value.

Florida’s “Recapture Rule”-Assessed Value Pursues Market Value-

Adopted in 1995 by the Governor and Cabinet, Florida’s “Recapture Rule” requires a homestead exempted property’s prior year assessed value to increase by 3%, or the percentage change in the Consumer Price Index (CPI), whichever is less, when the current year market value exceeds the prior year assessed value. The 12 month CPI change reported January 2021 increased 1.4%.

Property Tax ExemptionsFlorida residents may qualify for the following exemptions:

Things to Look for on Your Notice

Correct mailing address

Taxing authority tax rate (prior year & current year)

Property value (prior year & current year)

Property tax exemption amount (if applicable)

Taxing authority public hearing information

Taxing authority contact information

Value Adjustment Board petition filing deadline

All new exemption applications, or changes in exemption status, must be filed with the Property Appraiser no later than March 1 of the year for which the exemption applies.

YOUR PROPERTY IDENTIFIERSAt the top of the form is the parcel number or tangible personal property account number identifying your property, as well as the site address and legal description. The mailing address printed here is the address where your tax bill will be mailed; you should notify the Property Appraiser’s Office in writing of any address changes.

TAXING AUTHORITIESThese are the local government agencies that levy property taxes. Every taxing authority will hold a public hearing on their proposed budget for the coming year. The size of the budget determines the tax rate that will be applied to your property’s taxable value, resulting in your annual tax amount.

TAX RATE LAST YEARThese are the millage rates and taxes for each taxing authority from the prior year.

NO BUDGET CHANGEThis column illustrates what your taxes would be if the taxing authorities elect to keep last year’s budget; also known as the “Roll-Back” amount.

PROPOSED MILLAGE & TAXESThis is your 2021 proposed tax amount. This column includes the millage rate and resulting tax amount already proposed by your taxing authorities based on their new budgets. If, during the final budget hearings, millage rates are decreased, your taxes may decrease from this amount.

PUBLIC HEARING DATESThe Florida “Truth In Millage” statute requires each taxing authority to hold two public hearings regarding the proposed budget and millage rate required to fund that budget. This column lists the date, location, and time for the initial public hearings.

MARKET VALUEThese two (2) columns give you the market value for last year (2020) as well as the new market value assigned by the property appraiser for 2021.

ASSESSED VALUEThese two (2) columns show the assessed value before exemptions are credited for 2020 and 2021. Variations from market value may be due to Homestead Exemption or 10% Assessment Cap.

EXEMPTIONSExemption amounts deducted from the assessed value are indicated in this column.

TAXABLE VALUEThese two (2) columns show the taxable property value used in calculating your taxes for 2020 and 2021. Taxable value is the result of assessed value minus applicable exemption amounts.

APPRAISER CONTACTProperty Appraiser contact number for questions or concerns about your property value or exemptions.

VAB DEADLINEThe deadline for filing a petition to the Value Adjustment Board to appeal your property value or exemption status is listed here. For more information on how to appeal your property value, contact your Property Appraiser’s Office.

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2

3

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7

8

9

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Taxing District: 001 COLUMN 1* COLUMN 2* COLUMN 3*

Taxing Authority

Tax Rate

Your Property

Taxes

Tax Rate IF NO Budget Change is Adopted

Your Property Taxes IF NO

Budget Change is Adopted

Tax Rate

PROPOSED

Your Property Taxes

IF PROPOSED Budget isAdopted

PUBLIC HEARING INFORMATION A public hearing on the proposed taxes and budget will be held on:

BOARD COUNTY COMMISSION

SCHOOL-REQ LOCAL EFFORT

SCHOOL-DISCRETIONARY

DEFUNIAK

NWFWMD TOTAL PROPERTY TAXES

3.6363

2.4340

2.64100

5.0000

.0311

13.7424

165.39

171.56

186.15

227.42

1.41

751.93

3.3860

2.2695

2.5173

4.7702

.0311

12.9741

241.20

218.40

242.25

339.80

2.22

1,043.87

3.6363

2.3400

2.6410

5.0000

.0311

13.7424

259.03

234.23

254.15

356.17

2.22

1,105.80

DFS COURTHOUSE 571 US HWY 90 E DFS SEPT 14 5:01 PM (850)892-8470 145 PARK ST STE 3 DEFUNIAK SPGS SEPT 16 5:05 PM (850)892-1108 145 PARK ST STE 3 DEFUNIAK SPGS SEPT 16 5:05 PM (850)892-1108 DFS COMMUNITY CENTER 361 N 10TH STDEFUNIAK 9/08 5:30PM (850)892-8500

VIA TELECONF 1-888-585-9008 ACCESS CODE 778-688-267 09/10 5:05 PM CST

Proposed or Adopted Non-AD Valorem Assessments Levying Authority Purpose of Assessment Units Rate Assessment

Taxing

Districts Market Value

Assessed Value Exemptions Taxable Value

County School Municipality Other

98,451

146,352 90,484 90,484 90,484 90,484

121,234

50,000 25,000 50,000 50,000

50,000 25,000 50,000 50,000

70,484

45,484

96,234

71,234

Assessment Reductions Applicable Taxes Value Exemptions Applicable to: Value First Homestead All Taxes 25,000

Additional Homestead Non-School Taxes 25,000

WALTON COUNTY TAXING AUTHORITIESPO BOX 691DEFUNIAK SPRINGS, FL 32435

Notice of Proposed Property Taxesand Proposed or Adopted

Non-Ad Valorem AssessmentsDO NOT PAY THIS IS NOT A BILLThe taxing authorities which levy property taxes against your property will soon hold Public Hearings to adopt budgets and tax rates for the next year. The purpose of these Public Hearings is to receive opinions from the general public and to answer questions on the proposed tax changes and budget Prior to Taking Final Action. Each taxing authority may Amend or Alter its proposals at the hearing.

2021 REAL ESTATE PROPERTYXX-XX-XX-XXXXX-XXX-XXXX5 0000860 **AUTO** 5-DIGIT 30328

PARCEL SAMPLE571 US HWY 90 WSUITE 101ATLANTA GA 30328-5584

SEC 25 TWN 1N RNG 19PRCL SITUATED IN SECTIONS 24,25 & 36 1N-19 DESC AS FOLLOWS,COM SE/COR SEC 36,N 01 DEG 04’08”E 3520.99 FT TO POB,N 89DEG 40’12”W 579.02 FT TO PT OFCURVATURE CONCAVE SE/LY RADIUS

2020 20202021 2021 2021 2021

2020 2021 2021 2021 20212020 2020 2020

September 14, 2021

1

2

7 8 9

4 5

10

6

3

11

12

Identifying Parts of Your Notice

www.waltonpa.com

SAMPLE

Deployed Military Additional Homestead ExemptionMilitary personnel deployed outside the United States in support of designated military operations may qualify to receive an additional Homestead Exemption. For information contact the Property Appraiser’s Office or visit our website (www.waltonpa.com) and click on “Deployed Military” from the homepage.

For exemption information contact the Property Appraiser’s Office or visit our website (www.waltonpa.com) and click on “Exemptions” from the homepage.

Homestead Exemption

Widow/Widower Exemption

Disabled Veteran Exemptions

Disability Exemptions

Additional Homestead Exemption for Persons 65 and Older

(Income Limitation Applies)

98,45198,45198,451

146,352 146,352 146,352

121,234121,234121,234

45,484

45,484

71,234

71,234

Save Our Homes All Taxes 25,118

Examine Your Property’s Market ValueIf you believe the market value indicated on your notice exceeds fair market value, you should contact the appraiser’s office. We will gladly discuss the assessment. Also, you may file an appeal to be heard by an inde-pendent magistrate to the Value Adjustment Board. Petition forms are available in the Property Appraiser’s Office, or from our website under “Value Adjustment Board Info”. The deadline to file petitions with the VAB Clerk is on, or before, the 25th day after mailing of the notices (see bottom right corner of your TRIM Notice for VAB petition filing deadline).

January 1, Date of AssessmentFlorida’s Constitution and Statutes call for the just value (market value) of property to be established as of January 1, each year. By the time you receive your TRIM Notice, eight months have passed since the date of assessment. Generally, market conditions from the prior year are used in the valuation of properties for the current year’s assessment. Physical changes, economic events, and market trends occurring after January 1, will be factors in establishing next year’s property value.

Florida’s “Recapture Rule”-Assessed Value Pursues Market Value-

Adopted in 1995 by the Governor and Cabinet, Florida’s “Recapture Rule” requires a homestead exempted property’s prior year assessed value to increase by 3%, or the percentage change in the Consumer Price Index (CPI), whichever is less, when the current year market value exceeds the prior year assessed value. The 12 month CPI change reported January 2021 increased 1.4%.

Property Tax ExemptionsFlorida residents may qualify for the following exemptions:

Things to Look for on Your Notice

Correct mailing address

Taxing authority tax rate (prior year & current year)

Property value (prior year & current year)

Property tax exemption amount (if applicable)

Taxing authority public hearing information

Taxing authority contact information

Value Adjustment Board petition filing deadline

All new exemption applications, or changes in exemption status, must be filed with the Property Appraiser no later than March 1 of the year for which the exemption applies.

YOUR PROPERTY IDENTIFIERSAt the top of the form is the parcel number or tangible personal property account number identifying your property, as well as the site address and legal description. The mailing address printed here is the address where your tax bill will be mailed; you should notify the Property Appraiser’s Office in writing of any address changes.

TAXING AUTHORITIESThese are the local government agencies that levy property taxes. Every taxing authority will hold a public hearing on their proposed budget for the coming year. The size of the budget determines the tax rate that will be applied to your property’s taxable value, resulting in your annual tax amount.

TAX RATE LAST YEARThese are the millage rates and taxes for each taxing authority from the prior year.

NO BUDGET CHANGEThis column illustrates what your taxes would be if the taxing authorities elect to keep last year’s budget; also known as the “Roll-Back” amount.

PROPOSED MILLAGE & TAXESThis is your 2021 proposed tax amount. This column includes the millage rate and resulting tax amount already proposed by your taxing authorities based on their new budgets. If, during the final budget hearings, millage rates are decreased, your taxes may decrease from this amount.

PUBLIC HEARING DATESThe Florida “Truth In Millage” statute requires each taxing authority to hold two public hearings regarding the proposed budget and millage rate required to fund that budget. This column lists the date, location, and time for the initial public hearings.

MARKET VALUEThese two (2) columns give you the market value for last year (2020) as well as the new market value assigned by the property appraiser for 2021.

ASSESSED VALUEThese two (2) columns show the assessed value before exemptions are credited for 2020 and 2021. Variations from market value may be due to Homestead Exemption or 10% Assessment Cap.

EXEMPTIONSExemption amounts deducted from the assessed value are indicated in this column.

TAXABLE VALUEThese two (2) columns show the taxable property value used in calculating your taxes for 2020 and 2021. Taxable value is the result of assessed value minus applicable exemption amounts.

APPRAISER CONTACTProperty Appraiser contact number for questions or concerns about your property value or exemptions.

VAB DEADLINEThe deadline for filing a petition to the Value Adjustment Board to appeal your property value or exemption status is listed here. For more information on how to appeal your property value, contact your Property Appraiser’s Office.

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Taxing District: 001 COLUMN 1* COLUMN 2* COLUMN 3*

Taxing Authority

Tax Rate

Your Property

Taxes

Tax Rate IF NO Budget Change is Adopted

Your Property Taxes IF NO

Budget Change is Adopted

Tax Rate

PROPOSED

Your Property Taxes

IF PROPOSED Budget isAdopted

PUBLIC HEARING INFORMATION A public hearing on the proposed taxes and budget will be held on:

BOARD COUNTY COMMISSION

SCHOOL-REQ LOCAL EFFORT

SCHOOL-DISCRETIONARY

DEFUNIAK

NWFWMD TOTAL PROPERTY TAXES

3.6363

2.4340

2.64100

5.0000

.0311

13.7424

165.39

171.56

186.15

227.42

1.41

751.93

3.3860

2.2695

2.5173

4.7702

.0311

12.9741

241.20

218.40

242.25

339.80

2.22

1,043.87

3.6363

2.3400

2.6410

5.0000

.0311

13.7424

259.03

234.23

254.15

356.17

2.22

1,105.80

DFS COURTHOUSE 571 US HWY 90 E DFS SEPT 14 5:01 PM (850)892-8470 145 PARK ST STE 3 DEFUNIAK SPGS SEPT 16 5:05 PM (850)892-1108 145 PARK ST STE 3 DEFUNIAK SPGS SEPT 16 5:05 PM (850)892-1108 DFS COMMUNITY CENTER 361 N 10TH STDEFUNIAK 9/08 5:30PM (850)892-8500

VIA TELECONF 1-888-585-9008 ACCESS CODE 778-688-267 09/10 5:05 PM CST

Proposed or Adopted Non-AD Valorem Assessments Levying Authority Purpose of Assessment Units Rate Assessment

Taxing

Districts Market Value

Assessed Value Exemptions Taxable Value

County School Municipality Other

98,451

146,352 90,484 90,484 90,484 90,484

121,234

50,000 25,000 50,000 50,000

50,000 25,000 50,000 50,000

70,484

45,484

96,234

71,234

Assessment Reductions Applicable Taxes Value Exemptions Applicable to: Value First Homestead All Taxes 25,000

Additional Homestead Non-School Taxes 25,000

WALTON COUNTY TAXING AUTHORITIESPO BOX 691DEFUNIAK SPRINGS, FL 32435

Notice of Proposed Property Taxesand Proposed or Adopted

Non-Ad Valorem AssessmentsDO NOT PAY THIS IS NOT A BILLThe taxing authorities which levy property taxes against your property will soon hold Public Hearings to adopt budgets and tax rates for the next year. The purpose of these Public Hearings is to receive opinions from the general public and to answer questions on the proposed tax changes and budget Prior to Taking Final Action. Each taxing authority may Amend or Alter its proposals at the hearing.

2021 REAL ESTATE PROPERTYXX-XX-XX-XXXXX-XXX-XXXX5 0000860 **AUTO** 5-DIGIT 30328

PARCEL SAMPLE571 US HWY 90 WSUITE 101ATLANTA GA 30328-5584

SEC 25 TWN 1N RNG 19PRCL SITUATED IN SECTIONS 24,25 & 36 1N-19 DESC AS FOLLOWS,COM SE/COR SEC 36,N 01 DEG 04’08”E 3520.99 FT TO POB,N 89DEG 40’12”W 579.02 FT TO PT OFCURVATURE CONCAVE SE/LY RADIUS

2020 20202021 2021 2021 2021

2020 2021 2021 2021 20212020 2020 2020

September 14, 2021

1

2

7 8 9

4 5

10

6

3

11

12

Identifying Parts of Your Notice

www.waltonpa.com

SAMPLE

Deployed Military Additional Homestead ExemptionMilitary personnel deployed outside the United States in support of designated military operations may qualify to receive an additional Homestead Exemption. For information contact the Property Appraiser’s Office or visit our website (www.waltonpa.com) and click on “Deployed Military” from the homepage.

For exemption information contact the Property Appraiser’s Office or visit our website (www.waltonpa.com) and click on “Exemptions” from the homepage.

Homestead Exemption

Widow/Widower Exemption

Disabled Veteran Exemptions

Disability Exemptions

Additional Homestead Exemption for Persons 65 and Older

(Income Limitation Applies)

98,45198,45198,451

146,352 146,352 146,352

121,234121,234121,234

45,484

45,484

71,234

71,234

Save Our Homes All Taxes 25,118

This informational supplement is provided by the Walton County Property Appraiser’s Office to assist you in understanding the enclosed Notice of Proposed Property Taxes (TRIM Notice) and to call your attention to important information found on your TRIM Notice. Please observe, the enclosed state-ment is only a proposed notice-the Tax Collector will mail the actual tax bill in November.

Florida law requires the property appraiser to prepare and mail the TRIM (Truth in Millage) Notices to all property owners in the county on behalf of the taxing authorities in this jurisdiction.

The taxing authorities, i.e., county government, city government, school districts, fire districts, and other taxing districts, set the millage (tax) rates. These rates are calculated and set by the various taxing authorities and are used in their calculations of budget funding for the upcoming fiscal year.

While property value is a component of the tax amount due, the property appraiser has no role in establishing millage (tax) rates or non-ad valorem assessment amounts. The property appraiser is responsible for reporting property values and administering property tax exemptions. The taxing authorities are responsible for establishing budgets and setting tax rates. This separation of duties is prescribed in the framework of Florida’s form of government.

Questions regarding tax rates and/or budgets should be directed to the taxing authorities at the contact listed on your notice. Should you have questions about an exemption or your property value, please contact the Property Appraiser’s Office.

We are here to serve you and consider it a privilege to do so.

Yours truly,

Gary J. GregorWalton County Property Appraiser

WALTON COUNTY PROPERTY VALUE TOTALS($ Billions)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

$2.0$4.0

$6.0$8.0

$10.0

$12.0

$15.1*

$14.0

$16.0

$18.0

$20.0

$10.9

$13.3*

$16.8*

$18.4*

WALTON COUNTY PROPERTY APPRAISER CONTACTSMAIN OFFICE ANNEX OFFICEWalton County Courthouse Walton Governmental Center-South571 U.S. Hwy 90 East 31 Coastal Centre Blvd Suite 600DeFuniak Springs, FL 32433 Santa Rosa Beach, FL 32459Phone: (850) 892-8123 Phone: (850) 267-4500Fax: (850) 892-8374 Fax: (850) 267-1911

$10.9

$11.9

Understanding YourNotice of Proposed Property Taxes

~A GUIDE TO THE 2021 TRIM NOTICE~

PROPERTY APPRAISER

WALTON COUNTY

www.waltonpa.comwww.waltonpa.com

$20.08*

WALTON COUNTY NEW CONSTRUCTION TOTALS($ Millions)

$300M

$400M

$500M

$600M

$700M

2014 2015 2016 2017 2018 2019 2020

$313.3

$394.8

$431.6

$507.1

$654.0

$22.0

$800M

$900M

$683.9

The 2021 property value for Walton County is $27,089,595,978*, a 12% increase from 2020. The capped County Commission value total increased 11.5%, to $25,412,002,917.

New construction completed in 2021 totaled $991,377,540. The 2020 figure for new construction was $657,219,786.

*School Taxable Value

2021

$21.6*

2021

$24.0 $23.6*

$657.2

$26.0

$27.0*

$991.3

$28.0

$1B