Updated tax roll values show upticks across board
Preliminary property tax valuations for the islands rose over the earlier estimates reported.
The Lee County Property Appraiser’s Office released its preliminary tax roll values on July 1, which reflect a 3.74 percent increase for Sanibel and a 7.69 increase for Captiva as part of unincorporated Lee County. The figures are higher than the 2.57 percent and 6.30 percent, respectively, reported in June.
Preliminary valuations for the islands’ fire districts also climbed over the earlier estimates.
Based on the new figures, Sanibel’s taxable value rose approximately $202.42 million — the 3.74 percent — to $5.62 billion. The assessed value climbed 3.84 percent to about $5.94 billion, up $219.68 million from 2020; just value increased by 4.75 percent to about $6.47 billion, up $293.64 million.
Also for Sanibel, taxable new construction dropped from approximately $20.97 million to $12.38 million, while the just new construction decreased from about $21.03 million to $15.70 million.
The countywide estimates, which Captiva falls under, reveal an approximate $6.87 billion rise in taxable value — 7.69 percent — to $96.18 billion. Assessed value rose 7.44 percent to about $113.90 billion, up $7.89 billion; just value rose 9.28 percent to about $133.16 billion, up $11.30 billion.
Also for the county, the taxable new construction rose from approximately $1.91 billion to $2.17 billion, while the just new construction increased from about $2 billion to $2.29 billion. Also for Lee, the taxable school value grew approximately $8.23 billion to $104.78 billion — up 8.53 percent.
In addition, valuations for the Sanibel Fire and Rescue District and Captiva Island Fire Control District, plus Upper Captiva Fire District, have increased year-over-year, according to the new information.
The Sanibel district increased 3.65 percent to approximately $5.74 billion, up $202.04 million from 2020. The Captiva district saw a 2.34 percent growth to about $1.54 billion, up $35.24 million.
Upper Captiva rose 5.23 percent to approximately $240.54 million — up about $11.96 million.
The final figures will be sent to Tallahassee for approval. TRIM notices are mailed to property owners in August; owners then have 25 days to resolve any disagreement with the property appraisers office.
To reach TIFFANY REPECKI / trepecki@breezenewspapers.com, please email