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The City of Destin issues a Notice of Proposed Tax Increase

The City of Destin issues a Notice of Proposed Tax Increase due to new residences becoming occupied and to property values increasing. The current Millage Rate of 1.615 went into effect on October 1, 2015. The City of Destin proposes the same millage rate for FY22. Due to the rise of property values going up this equates to […]

The City of Destin issues a Notice of Proposed Tax Increase due to new residences becoming occupied and to property values increasing.

The current Millage Rate of 1.615 went into effect on October 1, 2015. The City of Destin proposes the same millage rate for FY22.

  • Due to the rise of property values going up this equates to 3.75% increase in ad valorem revenues for the City of Destin.
  • This helps cover increased labor and contracted service costs, according to the city.

Under Florida Law 193.155, properties are allowed a limit on the amount the assessed value may increase each year, known as the homestead Save Our Homes (SOH) 3% cap and the non-homestead 10% cap.

  • Overtime, these caps can reduce the amount of property taxes paid as they are calculated on assessed value.

The City of Destin has tentatively adopted a measure to increase its property tax levy. Last year’s property tax levy:

  • Initially proposed tax levy – $9,180,065
  • Less tax reductions due to Value Adjustment Board and other assessment changes – $ (4,022)
  • Actual property tax levy – $9,184,087

This year’s proposed tax levy – $9,824,917

All concerned citizens are invited to attend a public hearing on the tax increase to be held on Monday, September 20, 2021, 6:00 P.M. at the Destin City Hall Annex, located at 4100 Indian Bayou Trail, Destin, FL 3254.

A FINAL DECISION on the proposed tax increase and the budget will be made at this hearing.

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Community Comments

“The Big U! The NMU supplied the unlicensed crew and when we lost this ship and its jobs and when U.S. Lines went bankrupt, we were on our way to...”
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“Highschool is finna be more crowed now. We need another highschool not a middle or elementary school.”
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“This is bittersweet. I spent a wonderful week in Cay Sal Banks on the Pilot in 2006. I will have to go pay her a visit soon....”
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“I agree with Jerome. What will this accomplish since both ends are only 4 lanes?”
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“The parking lot at McGuires would disappear along with the parcel that Destin purchased at the bridge.. Flooding on Okaloosa Island would close an expensive update to 98 , at...”
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“This will not make a difference for traffic passing through the center of Destin along Rt. 98. The smart option is to complete the Brooks Bridge and intersection in Ft...”
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“Doesn’t it still end up with 4 lanes on either end after bridges? Seems more aesthetic than a traffic plan. Which is nice too but does it increase the function?”
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“It would be a money pit let’s sink it for the tourists who we don’t have enough of so more will come”
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“Traffic moves pretty well on that stretch of 98, I don't see the need to waste the money. Maybe do something to deal with the traffic in Destin, and Mary...”
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