CLAY COUNTY PROPERTY VALUES CERTIFIED

Pursuant to s. 200.065(1), Florida Statutes, Clay County Property Appraiser, Tracy Scott Drake, submitted the Certification of Taxable Value to the Florida Department of Revenue and the Clay County taxing authorities on Thursday, June 30th. The 2022 preliminary taxable value of all properties in the county is estimated at $14.6 billion – an annual increase of more than $1.6 billion, or 12.83 percent.

The statutory date for the 2022 assessment roll wasJanuary 1, 2022. Therefore, the overall increase in value is a reflection of the upward direction the real estate market has taken during 2021.Although market values have increased to record levels, the assessed values of properties with an existing homestead exemption will be limited to a 3 percent increase (excluding any additions or improvements) and non-homestead residential and commercial properties will be limited to a 10percent increase due to constitutional amendments passed by voters in 1992 and 2008, respectively. Taxable value is used to calculate ad valorem property taxes and is based on the market value minus differentials and exemptions.

The taxing authorities have until August 4th to notify the property appraiser of the 2022 proposed maximum millage rates, and the date, time and place of their respective public budget hearings. This information will be used by the property appraiser to prepare the Notice of Proposed Property Tax forms (TRIM notices), which will be mailed to all Clay County property owners in mid-August.

PRESS RELEASE FROM
OFFICE OF THE CLAY COUNTY PROPERTY APPRAISER
Honorable Tracy Scott Drake, CFA, CAE, ASA, RES, AAS
State-Certified General Real Estate Appraiser RZ2759

For Immediate Release
Date: July 1, 2022
Contact: Shannon Eaves, CCF
Director, Technology and Information Services
Email: seaves@ccpao.com
Phone: 904-269-8605

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