The final tax roll submitted last month to the Florida Department of Revenue reflects a county-wide real and personal property value of $1.603 billion.

The final tax roll submitted last month to the Florida Department of Revenue reflects a county-wide real and personal property value of $1.603 billion.

That, said Gulf County Property Appraiser Mitch Burke, was an 8.39 increase from the prior year.

That is the fourth consecutive increase in the property tax roll.

The final tax roll reflects adjustments made by Burke and/or the Value Adjustment Board after the tentative tax roll was submitted in July.

The final tax roll also reflects final millage rates for taxing authorities.

Truth In Millage (TRIM) notices received earlier this year by taxpayers reflected tentative millage rates establish by Aug. 4.

The Board of County Commissioners, which maintained the same millage rate as last fiscal year, realized a roughly $900,000 increase in revenue due to the rise in property values, Burke said.

The Gulf County School Board, which does not permit all property exemptions allowed under the county’s taxing authority, saw the total taxable roll increase to $1.807 billion, 13.41 percent.

The school district’s millage is set almost entirely by state lawmakers.

A decrease in the millage of more than half a mill translated into an increase in revenues of $524,000.

The revenue increases for the two municipalities will be far more modest.

In the city of Port St. Joe, commissioners maintained a millage rate that has been in place at least a dozen years.

Therefore, a 2.38 percent increase in ad valorem assessments from last year’s $277.8 million meant a bump in revenues of just $24,000.

In the city of Wewahitchka, an increase of 1.52 percent in taxable property value compared to last year’s $56.5 million translated into an increase of revenues of $5,100 after commissioners maintained the same millage as the prior fiscal year.

“Based on sales and new construction we’ve been seeing for 2017, it looks like Gulf County will continue to have a healthy market in 2018,” Burke said.