 Calendar
Tax Rates
REAL PROPERTY

 Year Rate per \$100.00 Assessed Value Sample Calculation 2023 \$0.066 \$100,000/100 x .066 = \$66.00 2022 \$0.082 \$100,000/100 x .082 = \$82.00 2021 \$0.082 \$100,000/100 x .082 = \$82.00 2020 \$0.091 \$100,000/100 x .091 = \$91.00 2019 \$0.091 \$100,000/100 x .091 = \$91.00 2018 \$0.10 \$100,000/100 x .10 = \$100.00 2017 \$0.10 \$100,000/100 x .10 = \$100.00 2016 \$0.11 \$100,000/100 x .11 = \$110.00 2015 \$0.11 \$100,000/100 x .11 = \$110.00 2014 \$0.13 \$100,000/100 x .13 = \$130.00 2013 \$0.13 \$100,000/100 x .13 = \$130.00 2012 \$0.13 \$100,000/100 x .13 = \$130.00 2011 \$0.13 \$100,000/100 x .13 = \$130.00 2010 \$0.11 \$100,000/100 x .11 = \$110.00 2009 \$0.11 \$100,000/100 x .11 = \$110.00 2008 \$0.09 \$100,000/100 x .09 = \$90.00 2007 \$0.07 \$100,000/100 x .07 = \$70.00 2006 \$0.08 \$100,000/100 x .08 = \$80.00 2003 -2005 \$0.09 \$100,000/100 x .09 = \$90.00 2002 \$0.13 \$100,000/100 x .13 = \$130.00 2001 \$0.15 \$100,000/100 x .15 = \$150.00 2000 \$0.17 \$100,000/100 x .17 = \$170.00 1999 \$0.21 \$100,000/100 x .21 = \$210.00

RATES BELOW ARE FOR THE 2022 TAX YEAR

BANK STOCK

Rate per \$100 of net capital = \$0.80

Sample calculation:
Net capital of \$10,000 = \$10,000 / 100 x 0.80 = \$80

Rate per \$100.00 assessed value = \$1.00

Sample calculation:
Assessed value of \$10,000 = \$10,000 / 100 x 1.00 = \$100

Rate per \$100 of gross receipts which are below the State allowed maximums:
\$0.08 Contracting
\$0.10 Retail Sales
\$0.20 Financial, Real Estate & Professional Services
\$0.14 Repair, Personal, Business & Other Services

The business license tax for new businesses is the greater of a \$24 (minimum), or the actual tax amount based on estimated gross receipts.

MACHINERY & TOOLS
Rate per \$100 assessed value equals \$0.80

Sample calculation:
Assessed value of \$10,000 = \$10,000 / 100 x 0.80 = \$80

PERSONAL PROPERTY - other than vehicles
Rate per \$100.00 assessed value= \$1.00

Sample calculation:
Assessed value of \$10,000 = \$10,000 / 100 x 1.00 = \$100

PERSONAL PROPERTY - vehicles
Rate per \$100 assessed value equals \$0.75

Sample calculation based on NADA value of \$10,000 =
10,000 / 100 x 0.75= \$75

(Sample Does Not Reflect Tax Relief Amounts)

PUBLIC SERVICE CORPORATIONS
Real Property Rate per \$100 assessed value = \$0.066

Personal Property Rate per \$100 assessed value = \$0.75

Sample calculations:
Real Property Assessed value of \$100,000 = \$100,000 / 100 x 0.066 = \$66
Personal Property Assessed value of \$10,000 = \$10,000 / 100 x 0.75 = \$75

SPECIAL TAX
Southridge Service District - there shall be an additional tax of three cents (\$0.03) for every one hundred dollars (\$100) of the assessed value thereof.

Sample calculation:
Real Property Assessed Value of \$100,000 = \$100,000 / 100 x.066 = \$66
+
Service District Assessed Value of \$100,000 = \$100,000 / 100 x.03 = \$30
Total Tax = \$96

Lafayette Ridge Service District - there shall be an additional tax of three and one-half cents (\$0.035) for every one hundred dollars (\$100) of the assessed value thereof.

Sample calculation:
Real Property Assessed Value of \$100,000 = \$100,000 /100 x 0.066 = \$66
+
Service District Assessed Value of \$100,000 = \$100,000 / 100 x 0.035 = \$35
Total Tax = \$101

Willow Shade District - there shall be an additional tax of two cents (\$0.02) for every one hundred dollars (\$100) of the assessed value thereof.

Sample calculation:
Real Property Assessed Value of \$100,000 = \$100,000 /100 x 0.066 = \$66
+
Service District Assessed Value of \$100,000 = \$100,000 / 100 x 0.02 = \$20
Total Tax = \$86