 |
|
|
|
This is a sample 1999 tax bill for the owner of a $100,000 owner-occupied home located in the City of Charleston.
| $100,000.00 | Appraised Value | |
| x | .04 | Assessment Ratio (Owner-Occupied Residence) |
| $4,000.00 | Total Assessment | |
| x | .3483 | Combined Millage (City of Charleston and Countywide) |
| $1,393.20 | Total Property Tax | |
| - | 179.00 | County Govt. Tax Credit x Appraised Value (.00179 X 100,000) |
| - | 171.00 | City of Charleston Tax Credit x Appraised Value (.00171 X 100,000) |
| - | 336.00 | State Property Tax Relief (School Exemption)* |
| $707.20 | Tax Due | |
| + | 89.00 | Solid Waste Recycling and Disposal Fee |
| $796.20 | Total Taxes and Fees Due | |
| * Resident homeowners receive state Property Tax Relief on the fair market (or appraised) value of their legal residence up to $100,000 ($4,000 assessed value). | ||
| Example: | ||
| 4,000 | Fair Market Value | |
| x | .084 | Portion of School Operating Mills Subject to Property Tax Relief |
| $ | 336.00 | Property Tax Relief |