Ocala and North Central Florida Information



Florida QuickFacts from the US Census Bureau
Information:  Marion County, Florida  |  Elected Officials
Information:  Levy County, Florida  |  Elected Officials


About Ocala
The United States purchased Florida from Spain for $5,000,000 in 1819.  Andrew Jackson, military commander of the territory, took part in the formal transfer at Pensacola on July 17, 1821.  Florida was admitted to the Union as the 27th state on March 3, 1845.
While Florida's overall metropolitan area performance slipped this year, Ocala still managed to move from thirteenth place to the top position in the 2007 Best-Performing Cities Index (Source: Milken Institute).  According to the Milken Institute, Ocala "owes its position to consistent, top-ten growth rankings across specific categories, such as wages and technology output ... unlike many other Florida metros, Ocala has greater dependence on the manufacturing industry..."

To Become a Legal Resident
The following actions by you will serve to establish you as a legal resident of Florida:  File a Declaration of Domicile at the office of the Circuit Court or register to vote as the Voter Registration Office.

About Voting
You may vote in national, state, county and municipal elections if you are a citizen of the United States of America, 18 years of age or older, and registered to vote.  Registration may be done at the county Supervisor of Elections office.  The registration books are closed 30 days prior to an election.  You cannot be a voter in another state.

Marion County Supervisor of Elections
Levy County Supervisor of Elections


Homestead Exemption (eligibility)
$25,000 Homestead Exemption - On January 1st you must have owned and occupied the property as your permanent legal residence.
$500 Widows' Exemption - On January 1st you must have been an un-remarried widow.
$500 Disability Exemption - On January 1st you must have been disabled for one of the following reasons:  (1) Blind, (2) a veteran disabled 10% or more by war of service-connected misfortune, or (3) a permanent resident totally and permanently disabled.  Consult the Property Appraiser as to written doctors' certifications which must be submitted prior to receiving this exemption.  
If you are applying for any exemption for the first time, you must contact the Property Appraiser's office and be prepared to attest under oath as to the length of your permanent Florida residency.  By law, the absolute deadline for filing for the current year is March 1st.

Real Estate Tax
The Real Estate tax is a combination of city, county (some have hospital, district fire and flood control), and school taxes and based on 100% of the appraisal value of a property, either business or residential, and will vary according to location, type of construction and, if residential property, as to allowance of Homestead, Widows' or Disability Exemptions.  The tax year runs with the calendar year.  Real Estate taxes are due and payable November 1st of the current year, subject to discounts as follows:  During November, 4%; December, 3%, January, 2%; February, 1%; and March, Net.  Taxes are delinquent as of April 1st of each year and carry an increasing penalty of non-payment and sale.

Marion County Property Appraiser
Levy County Property Appraiser
Florida Property Appraisers


Income Tax
The State of Florida has no state income tax but it does have a corporate tax.  State sales tax is 6% with food purchased in grocery stores, medicine and professional service exempt.

Estate Tax
Residents of the State of Florida have no state inheritance tax unless they are subject to a Federal Estate Tax, in which case the Florida inheritance tax is limited to an amount allowed as a deduction from the Federal Estate Tax.

Taxable Intangibles
The Intangible Tax is divided into two classifications:
(1) covers stocks, bonds, etc., at $1.00 per thousand.
(2) covers accounts receivable, mortgages outside of the state, annuities, etc., at 2 mils for each dollar.

State Documentary Tax
State Documentary Tax is in the form of a stamp placed on documents such as notes at the rate of $.15 per $100 and on deeds at the rate of $.50 per $100.

If You Go Into Business
If you operate under a trade name, you must publish a notice in a local newspaper once a week for four consecutive weeks.  If your business is located within the city limits, you will have to secure a City Occupational License from City Hall.  Additionally, you need a county license, which can be secured form the county Tax Collector's Office.  City and County Occupational Licenses expire September 30th of each year.

Marion County Tax Collector
Levy County Tax Collector
List of Florida Tax Collectors


Schools
Proof of residency, birth and vaccinations plus a physical examination by a physician are required to enroll in public schools.  Proper forms may be obtained from the county's Board of Health.

Marion County Public Schools
Levy County Public Schools
 

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. The broker does not guarantee the information describing these properties.  Interested parties are advised
to independently verify this information through personal inspection with appropriate professionals .

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Last modified:  May 06, 2008

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