July 18, 2019

Value Adjustment Board

F.S. 194.015 Value Adjustment Board

“There is hereby created a value adjustment board for each county, which shall consist of two members of the governing body of the county as elected from the membership of the board of said governing body, one of whom shall be elected chairperson, and one member of the school board as elected from the membership of the school board, and two citizen members, one of whom shall be appointed by the governing body of the county and must own homestead property within the county and one of whom must be appointed by the school board and must own a business occupying commercial space located within the school district.”

Education and Resources

Section 194.011(5)(b), Florida Statues, states:

“(b) The department shall develop a uniform policies and procedures manual that shall be used by value adjustment boards, special magistrates, and taxpayers in proceedings before value adjustment boards. The manual shall be made available, at a minimum, on the department’s website and on the existing websites of the clerk of circuit courts.”

DOR – The Florida Department of Revenue (Department) has developed this uniform policies and procedures manual as prescribed by statute and other resources the public may find helpful. Click on the links below for more information.

FLORIDA STATUTES – The Florida Statutes pertaining to the Value Adjustment Board and its processes are available at the Bay County Public Library and online. Suggested statute references are Chapters 193, 194, and 196.

FLORIDA ADMINISTRATIVE CODE (F.A.C) – In addition, Chapters 12D-9 and 12D-10 of The Florida Administrative Code can be found online.

FLORIDA SUNSHINE LAW – To access the Sunshine and Public Records Law click here for the Government-in-the-Sunshine Manual.

Fee to File a Petition

There is a $15.00 non-refundable filing fee to file a petition with the Value Adjustment Board. Petitions sent without the appropriate filing fees are deemed incomplete and cannot be processed unless the Clerk to the Value Adjustment Board receives the fee.

Petitioners filing a single joint petition containing multiple parcels or TPP accounts must first submit, to the Bay County Property Appraiser’s Office, a Florida Department of Revenue form DR-486MU, listing the contiguous parcels or similar accounts. The Property Appraiser’s Office must first approve the parcels or accounts as contiguous or like and similar in nature before the petition can be filed. The cost to file this type of petition is $15.00 + $5.00 each additional parcel or account after the first.


Persons filing a petition due to the denial, by the Property Appraiser or the Tax Collector, of a timely filed application for homestead exemption or a timely filed application for homestead tax deferral, are not subject to a filing fee. However, if the application was filed after the March 1st deadline and was denied, the $15.00 petition filing fee would apply.


You will file your petition with the Clerk’s Office. Payment can be in the form of cash, check, cashier’s check or money order made payable to the Clerk of the Value Adjustment Board and sent to 300 East 4th Street, Room 101, Panama City, FL 32401. ALL PETITIONS MUST BE RECEIVED IN THE CLERK’S OFFICE BY THE END OF THE BUSINESS DAY ON THE DEADLINE DATE PROVIDED ON YOUR TRIM NOTICE. PETITIONS POSTMARKED ON AND RECEIVED AFTER THE DEADLINE WILL BE CONSIDERED LATE. REFER TO 12D-9.015(11) FOR LATE FILING PROCEDURE.


To file a petition online and pay with a credit card, click on the link below. Credit cards are subject to a 3.5% non-refundable processing fee. Note: Single joint petitions containing multiple parcels must be filed in person or by mail and accompanied by a letter of approval from the Property Appraiser’s Office.

File a new petition or check the status of a petition



Additional Information

Contacting the Value Adjustment Board

Deputy Clerk to the VAB
DeAnna Lockamy
Phone : (850) 767-3314
Fax : (850) 747-5199
300 East 4th Street, Room 101
P.O. Box 2269
Panama City, FL 32402-2269
Email Value Adjustment Board