Sarasota County, Florida Property Tax Levies and Collections Last Ten Fiscal Years (dollars in thousands) Total Tax Total Tax Fiscal Estimated Levy for Total Tax Percentage Levy Cost Year Population Fiscal Year Collected of Levy Per Person 2012 383,664 132,134 127,244 96.3 344 2013 385,292 132,677 128,048 96.5 344 2014 387,140 138,245 133,365 96.5 357 2015 392,090 147,421 142,125 96.4 376 2016 399,538 157,880 152,331 96.5 395 2017 407,260 171,159 165,745 96.8 420 2018 417,442 185,069 178,735 96.6 443 2019 426,275 198,585 191,413 96.4 466 2020 438,816 213,732 205,656 96.2 487 2021 441,508 226,552 217,545 96.0 513 Ad valorem taxes levied apply only to General, Special Revenue and Debt Service Funds. Property tax levies, based on assessed values as of January 1st, become due and payable on November 1st of each year. A four percent discount is allowed if the taxes are paid in November, with the discount declining by one percent each month thereafter. Accordingly, taxes collected will never be 100 percent of the tax levy. Taxes become delinquent on April 1st of each year and tax certificates for the full amount of any unpaid taxes and assessments must be sold no later than June 1st of each year. Collections received subsequent to the tax sales are remitted by the Tax Collector directly to the certificate holders. Property taxes receivable and a corresponding reserve for uncollectible property taxes are not included in the financial statements as there are no significant delinquent taxes as of September 30, 2021. Discount allowed: November - 4% December - 3% January - 2% February - 1% April - Taxes delinquent Source: Sarasota County Tax Collector 267
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