Average taxable property values in Flagler County fell in 2026 for the first time in fourteen years outside of new construction. The drop signals a cooling housing market and directly impacts local government budgets. Local governments would now have to raise tax rates marginally to maintain current revenue levels. New construction remains a lifeline that prevents severe budget shortfalls and keeps total county tax collections stable overall.
rolled-back rate
What is the Roll-Back Rate in Property Taxes?
The roll-back or rolled-back rate is defined as it applies to property values and tax rates at budget time for local governments and property owners.