All Florida countiesBased on the 2026 certified tax roll and 2025 tax rates
Bay CountyAmendment 3Tax Calculator
Property search and homestead exemption estimates
All Florida countiesBased on the 2026 certified tax roll and 2025 tax ratesAn estimate of how Amendment 3's larger homestead exemption could change Bay County government's ad valorem property tax revenue, based on 2026 property values and 2025 tax rates.
Illustrative estimates only. These figures are meant to illustrate how Amendment 3 could affect Bay County government based on current data. They are not official. For official information about the county's budget, tax rates and revenue, contact Bay County government directly. For official property values and exemptions, contact the Bay County Property Appraiser.
This page covers the three operating property taxes Bay County government levies in the 2025 millage table, grouped by where they apply: the countywide levy (5.4362 mills, paid throughout Bay County, inside and outside cities); the mosquito control levy (0.2000 mills, paid in parts of unincorporated Bay County and in the cities of Callaway, Lynn Haven, Mexico Beach, Panama City, Parker and Springfield); and the fire MSTU (1.3800 mills, paid in unincorporated Bay County).
Paid on taxable property throughout Bay County, inside and outside cities. Estimated change by 2028: −$27.0 million (−16.6%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $7,786,708,320 | $23,610,239,787 | $31,396,948,107 | $170,680,089 | $162,146,085 | — | — |
| 2027 (estimate) | $4,608,579,128 | $23,610,239,787 | $28,218,818,915 | $153,403,143 | $145,732,986 | −$16,413,099 | −10.1% |
| 2028 (estimate) | $2,567,238,577 | $23,610,239,787 | $26,177,478,364 | $142,306,008 | $135,190,707 | −$26,955,377 | −16.6% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $7,786,708,320 | $23,610,239,787 | $31,396,948,107 | $170,680,089 | $162,146,085 | — | — |
| 2027 (estimate) | $4,438,146,232 | $23,610,239,787 | $28,048,386,019 | $152,476,636 | $144,852,804 | −$17,293,281 | −10.7% |
| 2028 (estimate) | $2,348,638,245 | $23,610,239,787 | $25,958,878,032 | $141,117,653 | $134,061,770 | −$28,084,315 | −17.3% |
Paid on 81,965 parcels in parts of unincorporated Bay County and in the cities of Callaway, Lynn Haven, Mexico Beach, Panama City, Parker and Springfield. Estimated change by 2028: −$696,400 (−27.4%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $5,086,796,747 | $8,315,312,057 | $13,402,108,804 | $2,680,422 | $2,546,401 | — | — |
| 2027 (estimate) | $2,792,163,747 | $8,315,312,057 | $11,107,475,804 | $2,221,495 | $2,110,420 | −$435,980 | −17.1% |
| 2028 (estimate) | $1,421,300,506 | $8,315,312,057 | $9,736,612,563 | $1,947,323 | $1,849,956 | −$696,444 | −27.4% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $5,086,796,747 | $8,315,312,057 | $13,402,108,804 | $2,680,422 | $2,546,401 | — | — |
| 2027 (estimate) | $2,684,009,590 | $8,315,312,057 | $10,999,321,647 | $2,199,864 | $2,089,871 | −$456,530 | −17.9% |
| 2028 (estimate) | $1,295,961,239 | $8,315,312,057 | $9,611,273,296 | $1,922,255 | $1,826,142 | −$720,259 | −28.3% |
A municipal services taxing unit for fire protection, paid on 65,051 parcels in unincorporated Bay County. Estimated change by 2028: −$3.6 million (−18.7%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $4,385,321,139 | $10,183,543,464 | $14,568,864,603 | $20,105,033 | $19,099,781 | — | — |
| 2027 (estimate) | $2,770,697,810 | $10,183,543,464 | $12,954,241,274 | $17,876,853 | $16,983,010 | −$2,116,771 | −11.1% |
| 2028 (estimate) | $1,655,404,436 | $10,183,543,464 | $11,838,947,900 | $16,337,748 | $15,520,861 | −$3,578,921 | −18.7% |
| Year | Homestead taxable value | Other taxable value | Total taxable value | Gross levy | Budget basis (95%) | Change from 2026 (95%) | Percent change |
|---|---|---|---|---|---|---|---|
| 2026 | $4,385,321,139 | $10,183,543,464 | $14,568,864,603 | $20,105,033 | $19,099,781 | — | — |
| 2027 (estimate) | $2,675,599,913 | $10,183,543,464 | $12,859,143,377 | $17,745,618 | $16,858,337 | −$2,241,445 | −11.7% |
| 2028 (estimate) | $1,527,238,483 | $10,183,543,464 | $11,710,781,947 | $16,160,879 | $15,352,835 | −$3,746,946 | −19.6% |
As with the cities and towns, the size of the change depends mostly on how much of the taxable value comes from homesteads. Property without a homestead exemption, such as rentals, businesses, second homes and vacant land, keeps its taxable value under the amendment.
Countywide, homesteads make up 24.8% of the taxable value for the countywide levies in 2026. Within the mosquito control area, they make up 38.0%, so the estimated percentage change for that levy is larger. Among the six cities that levy a property tax, the homestead share ranges from 11.6% to 44.4%.
The table below shows where the change in the countywide taxable value comes from. Unincorporated Bay County has 46.4% of the county's taxable value and accounts for an estimated 52.3% of the change. The City of Panama City Beach has 27.2% of the county's taxable value and accounts for an estimated 10.7% of the change.
| Area | County taxable value, 2026 | Share of county taxable value | Homestead share of area's taxable value | Change in area's taxable value by 2028 | Share of countywide change |
|---|---|---|---|---|---|
| Unincorporated Bay County | $14,568,864,603 | 46.4% | 30.1% | −18.7% | 52.3% |
| City of Panama City Beach | $8,531,601,002 | 27.2% | 10.2% | −6.5% | 10.7% |
| City of Panama City | $3,765,063,465 | 12.0% | 28.5% | −20.2% | 14.6% |
| City of Lynn Haven | $1,793,129,441 | 5.7% | 44.4% | −34.5% | 11.8% |
| City of Callaway | $1,013,107,560 | 3.2% | 34.3% | −30.7% | 6.0% |
| City of Mexico Beach | $986,270,665 | 3.1% | 11.6% | −6.2% | 1.2% |
| City of Springfield | $425,954,350 | 1.4% | 26.4% | −25.2% | 2.1% |
| City of Parker | $312,957,021 | 1.0% | 29.0% | −24.1% | 1.4% |
Estimates use homestead assessed values rising by up to 3% a year, capped at just value. Areas are based on each parcel's tax district.
Florida counties also receive money from other sources. Depending on the county, these can include state revenue sharing, the local government half-cent sales tax, local option sales and fuel taxes, communications services taxes, non-ad valorem assessments, franchise fees, charges for services, and state and federal grants. The mix differs from county to county. Bay County's adopted budget shows its full set of revenue sources and how much each provides.
The Beach Mosquito Control District, the water management district and the School Board levy their own property taxes. They are separate taxing authorities and are not included on this page.
Property values and exemptions: The Bay County Property Appraiser's 2026 final tax roll, as published by the Florida Department of Revenue. Tax rates: the 2025 millage rates the Florida Department of Revenue posts for Bay County (2026 rates by tax district were not readily available). Parcel tax districts: the tax district codes on the same tax roll.
For each homestead, the estimated taxable value is its assessed value minus the new homestead exemption ($150,000 in 2027, $250,000 in 2028) and any other exemptions, but not less than zero. The gross levy is total taxable value times the millage rate, for the parcels where each levy applies. The budget basis is 95% of the gross levy.
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