Franklin County’s certified preliminary property values, filed with the state in early July, show the numbers are better than the good faith estimates made earlier this summer.
Data from Property Appraiser Rhonda Skipper’s office indicate that while Eastpoint and Dog Island are still in the less than 1 percent range, the tax bases for the county will rise at about 2.5 percent, up to a high of 5.5 percent in Apalachicola and Alligator Point.
The largest of the countywide taxing authorities, the Franklin County School District, is estimated to see a climb of $50 million, from $1.89 billion to $1.94 billion, for a jump of about 2.6 percent.
The other two countywide districts , the Northwest Florida Water Management District, and the Board of County Commissioners, are both up about 3.4 percent. The water district is projected to go from $1.77 billion to $1.83 billion, while the county will go from $1.76 billion to $1.83 billion.
Apalachicola saw better growth than the county as a whole, as the city’s tax base swelled by $7.4 million, from $135.5 million to $142.9 million, or about 5.5 percent.
On the eastern end, Alligator Point also saw growth of about 5.5 percent, as its tax base expanded by $6.5 million, from $117.9 million to $124.4 million.
Carrabelle, which has recovered more slowly from the bursting of the real estate bubble, saw a rise of only $2.6 million, from $101.3 to $103.9 million, or about 2.6 percent.
Offshore, Dog Island’s property values are expected to climb by $200,000, from $27.6 million to $27.8 million, or an expansion by seven-tenths of 1 percent.
Eastpoint, as measured by its water and sewer district, saw a slight increase of about $200,000, up from $63.9 million to $64.1 million, or by just about one-third of 1 percent.