County staff explains how appraiser valuations and new construction feed taxable-value changes
Oct 4, 2026
A St. Johns County staff member described how the property appraiser’s annual valuation reports — including a separate new‑construction component — shape taxable value, noting new construction has averaged about 4–5% of growth and that a 3% annual cap limits increases for eligible homes.
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A St. Johns County staff member outlined how the property appraiser’s annual report drives changes in local taxable value and, by extension, property tax calculations. "Each year, the property appraiser provides us what the new taxable value is for that year," the staff member said, explaining that the appraisal comes in two pieces: an overall year‑to‑year change and a separate figure for new construction.
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