Estimate your Bay County property tax with homestead exemptions, by city — and your savings if Amendment 3 passes.
School taxes are 5.34 mills everywhere in Bay County. County-wide levies add 5.46 mills; cities and unincorporated areas add their own.
| Area | Non-school mills | School mills | Total mills |
|---|---|---|---|
| Unincorporated Bay County (average) | 6.13 | 5.34 | 11.47 |
| City of Callaway | 8.16 | 5.34 | 13.49 |
| City of Lynn Haven | 9.51 | 5.34 | 14.84 |
| City of Mexico Beach | 10.71 | 5.34 | 16.04 |
| City of Panama City | 10.26 | 5.34 | 15.59 |
| City of Springfield | 10.32 | 5.34 | 15.66 |
One mill = $1 per $1,000 of taxable value. Rates are 2025 levies from the Florida Department of Revenue; some special districts vary inside the county.
Taxable value × millage rate ÷ 1,000. Taxable value is your assessed value minus exemptions. With a homestead, the first $25,000 is exempt from all taxes and an additional exemption (up to $26,411 in 2026) applies to assessed value above $50,000 for non-school taxes.
It uses the 2025 tax rates published by the Florida Department of Revenue for each county and city. Some local special districts and MSTUs vary inside a county, so your real bill can differ by a few percent. Your TRIM notice is the official number.