As Lowndes County Finance Director Stephanie Black always reminds everybody,
of
the total 8.814 county millage, 1 mil goes to the Development Authority,
and 1.25 mils to Valdosta-Lowndes Parks and Recreational Authority.
Here is a table from the
PDF of her presentation slides.
Property Tax Example
|
City of Valdosta Resident |
Unincorporated Resident |
| Property Value |
$200,000 |
$200,000
|
| Assessed Value (40%) |
$80,000 |
$80,000
|
| Homestead Exemption |
$(6,000) |
$(6,000)
|
| Net Taxable Base |
$74,000 |
$74,000
|
| Tax Calculation:
|
| Lowndes County — 8.814 PY 8.974 |
$652 |
$652
|
| Development Authority — 1.00 |
$74 |
$74
|
| Parks
|
| & Recreation Authority — 1.25 |
$93 |
$93
|
| Lowndes County Schools — 16.541 PY 16.839 |
$1,224
|
| City of Valdosta — 8.001 PY 8.001 |
$592
|
| Valdosta City Schools — 16.980 PY 16.980 |
$1,257
|
| Total Estimated Taxes |
$2,668 |
$2,043
|
Since she made that table, Valdosta actually lowered its millage to 7.916, which in the above example would mean $50.32 less per year, for an example of how little difference
these minor millage rollbacks or increases actually mean to taxpayers.
The
Valdosta Board of Education wants to increase its tax rate (but not its millage).
Last year the Lowndes County Commission voted on the millage during a Regular Session,
Tuesday, August 22, 2017.
This year Continue reading →
