DISTRICTS $0.019 Southwest Florida Water Management $0.003 West Coast Inland Navigation $0.089 Sarasota Memorial Hospital SARASOTA COUNTY SCHOOL BOARD $0.259 School (State) $0.278 School (Local) SARASOTA COUNTY $0.27 Sarasota County General operating revenue for the Sheriff’s Office, Clerk of the Circuit Court and County Comptroller, Property Appraiser, Supervisor of Elections, Tax Collector, Breeze Transit, Health and Human Services, parks, libraries and other services. $0.008 Sarasota County Debt (ESLPP*) $0.005 Sarasota County Debt (Legacy Trail) $0.004 Mosquito Control $0.056 Sarasota County EMS $0.54 School Total $0.35 County Total $0.11 District Total HOW PROPERTY TAXES WERE ALLOCATED ON MILLAGE RATES HOW TAXES ARE CALCULATED FY23 SARASOTA COUNTY (UNINCORPORATED) [Assessed Value of Property minus Exemption(s)] ÷ 1,000 x Total Millage Rate = Total Property Tax PROPERTY TAXES For illustrative purposes only. Does not include Non-Ad Valorem Assessments. Totals include rounding. *Environmentally Sensitive Lands Protection Program Sarasota County School Board Sarasota County Districts Assessed Value of Property $ 250,000 $ 250,000 $ 250,000 Less: Exemption(s) 25,000 50,000 50,000 Taxable Value 225,000 200,000 200,000 Taxable value divided by 1,000 225 200 200 Millage Rate 6.1800 4.0981 1.2857 Taxes Levied 1,390.50 819.62 257.14 Total Millage Rate 11.5638 Total Property Tax $ 2,467.26 The Board of County Commissioners and other taxing entities set a property tax rate called a “millage rate” which is used to calculate overall property taxes. A “mill” is equal to $1 of tax for every $1,000 of assessed property value. Sarasota County has been able to maintain or improve the level of services provided while sustaining the second lowest millage rate in the State of Florida. 8 Impact Report 2023
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