Annually the County approves a budget after an extensive public input process. If they approved a budget and based the tax rate on that budget how do they annually exceed the budgeted revenues and expenses ?













How Are My Property Taxes Determined ?






Final Proposed Millage Rates


The City of Freeport has set its initial or proposed millage rate for next years tax bills at 4.7302 mills.  This represents a .8002 mil increase over the current rate.  The proposed rate would mean that a home owner within the City limits of Freeport with a home with a taxable value of $200,000 would see their taxes increase by over $160.00.


South Walton Fire District is the only other taxing authority in Walton county to propose a tax increase for next year.


These initial rates a the maximum rates that can be collected next year. All property owners will receive a Trim Notice in August that notifies the property owner of the proposed rate and corresponding tax bill for each taxing authority.


The next step in the budget process are the two Public Hearings that must be scheduled to allow the public to have input into both the proposed budget and corresponding millage rate necessary to balance the proposed budget.


These initial or proposed rates can be lowered through the Public Hearing process, but cannot be raised except under certain specific criteria defined in Florida Statutes.



These are the Total Initial/Proposed Millage Rates around Walton County

South Walton - 9.611 mils or
$9.611 per $1000 of taxable value

City of Freeport - 13.8305 mils or $13.8305 per $1000 of taxable value

City of DeFuniak Spgs -13.5985 mils or $13.5985 per $1000 of taxable value

North Walton (not city limits) - 9.0985 mils or $9.0985 per $1000 of taxable value