Example of Decatur County Property Tax Calculation
Decatur County calculates property taxes based on the assessed value of the property. To calculate the property tax, the county multiplies the assessed value by the millage rate.
For example, suppose a property in Decatur County has an assessed value of $100,000 and the millage rate is 20 mills. To calculate the property tax, the county would multiply $100,000 by 0.02 (20 mills divided by 1,000). This would result in a property tax of $2,000 for the year.
It's important to note that millage rates can vary depending on the location within the county and the type of property. Additionally, there may be exemptions or discounts available for certain types of property owners, such as seniors or veterans.
Overall, understanding how property taxes are calculated in Decatur County can be helpful for homeowners and potential homebuyers in budgeting for their expenses.
If you want appeal your property tax assessment - contact your local tax assessor.
Decatur County Property Tax Rates
The Decatur County Property Tax rates for 2021 are as follows, expressed in dollars per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| General Fund | $0.945 |
| School District | $1.242 |
| Fire Protection | $0.262 |
| Road and Bridge | $0.315 |
| Library | $0.069 |
| Total | $2.833 |
It is important to note that these rates may vary depending on the specific location and property type within Decatur County. Property owners should consult with their local tax authorities for more detailed and accurate information.
Who sets property tax rates in Decatur County ?
Who sets property tax rates in Decatur County?
The property tax rates in Decatur County are set by the local government. Specifically, the Decatur County Board of Commissioners is responsible for establishing and approving the property tax rates each fiscal year.
When are property tax rates set in Decatur County?
The property tax rates are typically set in the early summer, before the start of the new fiscal year on July 1st. The Board of Commissioners holds public hearings to review and discuss the proposed tax rates before finalizing them.
| Who sets property tax rates? | When are property tax rates set? |
|---|---|
| Decatur County Board of Commissioners | Early summer, before July 1st |
Homestead exemptions in Decatur County ?
To help Decatur County residents understand their Homestead exemptions and deductions, the following table provides information on each tax benefit available, including exemption details, eligibility requirements, maximum amount, and any important notes to keep in mind.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Standard Homestead Exemption | All homeowners | $2,000 | Reduces assessed value of primary residence |
| Senior Homestead Exemption | Homeowner 65 or older | $4,000 | Must reside in the home as primary residence |
| Surviving Spouse Homestead Exemption | Widow/widower of a qualifying homeowner | $0-$10,000 | Exemption amount depends on age and income |
| Disabled Veterans Exemption | Veteran with 100% disability | $70,000 | Must use home as primary residence |
| Float Exemption | All homeowners | $2,000 | Can be used on any property within the county |
| Conservation Use Property | Property used for conservation purposes | Varies | Must meet specific criteria and be approved by county board |
It's important to note that these exemptions are specific to Decatur County in Georgia and may vary in other counties and states. Homeowners should consult with their local tax assessor's office to understand their eligibility and any application requirements.
By taking advantage of these Homestead exemptions and deductions, individuals can potentially lower their property tax bills and help make homeownership more affordable.
When is Decatur County Property Tax due ?
Decatur County Property Tax is typically due on December 20th of each year. The payment methods available include online payment, mail, in-person payment, or automatic bank draft. It is important to note that if the due date falls on a weekend or holiday, the payment is due on the next business day. Failure to pay property taxes on time may result in late fees or penalties, and could even lead to the property being sold at a tax sale. To avoid this, it is recommended to pay property taxes in a timely manner using one of the available payment methods.
Payment methods:
| Method | Description |
|---|---|
| Online payment | Pay using a credit/debit card or electronic check through the Decatur County Tax Commissioner's website. |
| Mail a check or money order to the Decatur County Tax Commissioner's office. | |
| In-person payment | Make a payment in person at the Decatur County Tax Commissioner's office. |
| Automatic bank draft | Sign up for automatic bank draft payments and payments will be automatically deducted from a designated bank account. |
If you have more questions - contact your local tax collector.
How is Decatur County Property Tax penalty calculated ?
Decatur County Property Tax Penalty Calculation
The Decatur County Property Tax penalty is calculated based on the amount of property taxes that are overdue. The penalty is applied to the amount of taxes owed and accrues every month until the taxes are paid in full.
The penalty is calculated as follows:
- First Month: 5% of the unpaid taxes
- Second Month: Additional 1% of the unpaid taxes for each month, up to a maximum of 15%
- Third Month and Beyond: Additional 1.5% of the unpaid taxes for each month, up to a maximum of 20%
For example, if a property owner owes $5,000 in property taxes and misses the payment deadline by one month, they will be required to pay a penalty of $250 (5% of $5,000). If the property owner misses the deadline by two months, the penalty will increase to $300 (5% for the first month and 1% for the second month). If the property owner misses the deadline by three or more months, the penalty will continue to increase by 1.5% per month, up to a maximum of 20% of the unpaid taxes.
It is important for property owners to pay their property taxes on time to avoid accruing penalties and interest. If a property owner is unable to pay their property taxes in full, they may be able to set up a payment plan with the Decatur County Treasurer's Office to avoid further penalties and interest.
We recommend contacting the Decatur County Tax Office or a local tax professional for the most up-to-date and accurate information.