Projected 7.4 percent increase in property tax revenues

Posted on June 14, 2018 by Staff reports

Santa Rosa County Commissioners this afternoon will host the first of two public budget workshops for the fiscal year 2018-2019 budget, which includes a projected $4.5 million increase in revenues from ad valorem taxes.

The Santa Rosa County Property Appraiser’s Office June 1 estimate for property tax revenues projected the 7.4 percent increase. 

Per supporting documentation for the workshop, no millage rate increase is recommended.

Other significant projected revenue increases include $2.2 million from electronic franchise fees and $600,000 for roads and bridges, stemming from the local option sales tax.

Additionally, $4.5 million in “carry forward” funds are also recommended for allocations of $2.6 million to the general fund and $1.9 million to the road and bridges budget.

Increased projected expenses for FY 2018-2019 include a recommended merit increase plus an a compensation “adjustment” for county staff, which add up to more than $1.8 million.

Also, an additional $3 million is recommended for the Santa Rosa County Sheriff’s Office — an amount Sheriff Bob Johnson says is not sufficient to help him keep up with serving the county’s growing population.

The second budget workshop is scheduled for 9 a.m., July 18 at the County Administrative Complex, located at 6495 Caroline Street in Milton.