Early preliminary property tax valuations for Sanibel and Captiva have elevated over 2020.
The Lee County Property Appraiser’s Workplace launched its estimated tax roll values on June 3, which point out a 2.57 % improve for the town of Sanibel and a 6.30 % improve for Captiva as a part of unincorporated Lee County. Early estimated valuations for the hearth districts on the islands additionally rose.
The official numbers will come out by July 1, then be despatched to Tallahassee for state approval.
In response to the estimates, Sanibel’s taxable worth rose roughly $139 million — the two.57 % — to about $5.55 billion. Assessed worth elevated 2.69 % to about $5.88 billion, up $154 million from 2020; simply worth elevated by 3.38 % to about $6.39 billion, up $209 million.
Additionally for Sanibel, taxable new building dropped from roughly $20.97 million to $12.15 million, and the simply new building decreased from about $21.03 million to $15.44 million.
The county estimates, which Captiva falls underneath, reveal an approximate $5.63 billion rise in taxable worth — the 6.30 % — to about $94.93 billion. Assessed worth rose 6.04 % to about $112.41 billion, up $6.40 billion; the simply worth elevated 7.50 % to about $131 billion, up $9.14 billion.
Additionally for the county, the taxable new building rose from roughly $1.91 billion to $2.14 billion, whereas the simply new building elevated from about $2 billion to $2.26 billion. Additionally for Lee, the taxable faculty worth grew roughly $6.49 billion to $103.04 billion — up 6.72 %.
As well as, early estimates for the Sanibel Hearth and Rescue District and Captiva Island Hearth Management District, plus Higher Captiva Hearth District, have elevated year-over-year, in accordance with the data.
The Sanibel district elevated 2.49 % to roughly $5.67 billion, up about $138 million from 2020. The Captiva district noticed a 1 % progress to about $1.52 billion — a $15 million distinction.
Higher Captiva skilled a 4.23 % hike to about $238.24 million, up about $10 million.