Taxes are charges levied by the local governmental unit against the income or wealth of a person, natural or corporate. Taxes comprised the second largest revenue source totaling $353.4 million in fiscal year 2021. The County collects several different types of taxes such as the ad valorem tax, the infrastructure surtax, the six-cent local option fuel tax, the additional five-cent local option fuel tax, the five-cent tourist development tax, the County one-cent voted fuel tax, and the communications services tax. AD VALOREM TAXES Ad Valorem Taxes include, but are not limited to, revenue from general operating, debt service, mosquito control and emergency medical services. General Operating 2021 Budget: $ 199,979,509 2021 Actual: $ 202,604,896 2022 Budget: $ 214,872,974 Debt Service 2021 Budget: $ 12,077,393 2021 Actual: $ 12,227,382 2022 Budget: $ 12,129,554 Mosquito Control 2021 Budget: $ 3,172,463 2021 Actual: $ 3,213,506 2022 Budget: $ 3,399,908 Emergency Medical Services 2021 Budget: $ 32,395,521 2021 Actual: $ 32,782,701 2022 Budget: $ 34,571,422 Legal Authorization: Article VII, Section 9 of the State Constitution, Florida Statutes Chapters 192 through 197 and 200, County Ordinances 02-091; 01-099 as amended by 02-058, 02-088, 03-101, 03-042, 04-116, 08-116, and 99-091, as supplemented hereby 08-023. Description: The ad valorem tax is a property tax. For fiscal year 2021, the amount of the tax was determined by the following formula: taxable value of the property/1,000 times 3.4600. Taxes for Environmentally Sensitive Lands are included within the General Operating line item. The Emergency Medical Service (EMS) millage rate was 0.66, which is a separate millage rate, and is not assessed to properties within the Town of Longboat Key, the City of North Port or the City of Venice. THE FOLLOWING LISTS THE APPROVED MILLAGE RATES FOR FISCAL YEARS 2021 AND 2022. TOTAL AD VALOREM TAXES $300 250 200 150 100 50 0 2017 2018 2019 2020 2021 2022 Budget Millions SarasotaClerk.com 7 CATEGORY 1 - Taxes FY 2021 FY 2022 General Operating 3.2149 3.2232 Mosquito Control 0.0510 0.0510 Debt Service (ESLPP)* 0.1253 0.1170 Debt Service (Legacy Trail) 0.0688 0.0649 Total Sarasota County 3.4600 3.4561 The methodology for levy, collection, and distribution of ad valorem taxes is a highly regulated activity governed by a variety of statutes including Chapter 200 of the Florida Statutes. The methodology is administered through a variety of regulations in the Florida Administrative Code by the Department of Revenue. The tax is collected by the Tax Collector’s Office. Uses and Restrictions: Ad valorem taxes are generally restricted for lawful budgeted purposes which were authorized by the Board of County Commissioners (Board). In general, ad valorem taxes must be used to benefit the public and the County as a whole. The ad valorem tax revenues have been pledged to pay the Limited Ad Valorem Tax Refunding Bonds, Environmentally Sensitive Land Protection Program, Series 2014 and General Obligation Bonds. * ESLPP is the acronym for Environmentally Sensitive Lands Protection Program
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