| In Colbert County
your tax bill is based on millage rates.
The amount of taxes to be paid
is determined by multiplying the millage rate by the assessed
value less the proper exemptions.
A mill is one-tenth of one cent
(.001). When all the taxing authorities' millage requests
are added together, you can calculate the total tax bill.
For example, if you own and
live in a residence in Tuscumbia valued at $100,000, you pay
taxes on 10 percent of the appraised value or $10,000.
Without exemptions in Tuscumbia you would owe ($10,000 x .048)
or $480.00.
An example of commercial or
Class 2 property would be $100,000 x 20% (.20) x .048 or $960.00
2001 Advalorem Tax Rates
| General |
.0025 |
|
H/1 |
State |
4,000 Maximum |
| Soldier |
.001 |
|
|
County |
2,000 Maximum |
| School |
.003 |
|
|
|
H/1 Not Exempt
on .004 Co. School |
| Total State |
|
|
|
|
Maximum Amount
- 43.00 |
| |
|
|
|
|
|
| County |
|
|
|
|
|
| General |
.0065 |
|
H/2 |
State |
All (up to 160
acres) |
| Rd. and Br. |
.002 |
|
|
County |
5,000 Maximum |
| School |
.004 |
|
|
|
|
| Total
County |
.0125 |
|
H/3 |
State |
All (up to 160
acres) |
| |
|
|
|
County |
All (up to 160
acres) |
| |
|
|
|
Municipal |
All (up to 160
acres) |
| |
|
|
|
School |
All (up to 160
acres) |
| |
|
|
|
|
|
|
|
|
H/4 |
State |
All (up to 160
acres) |
|
|
|
|
County |
2,000 Maximum |
| |
Total State
and County -- .019 |
| |
Timber Tax -
.10 per acre |
| |
|
| Tax
Code |
Location |
School |
Municipal |
Total |
|
|
District No. 1 |
.008 |
-- |
.027 |
|
|
District
No. 2 |
.008 |
-- |
.027 |
|
|
Sheffield |
.010 |
.0175 |
.0465 |
|
|
Tuscumbia |
.0135 |
.0155 |
.048 |
|
|
Muscle Shoals |
.016 |
.0055 |
.0405 |
|
|
Leighton |
.008 |
.005 |
.032 |
|
|
Cherokee |
.008 |
.005 |
.032 |
|
|
Littleville |
.008 |
.005 |
.032 |
* Fire Fee Added to District
#1, 2, 6, 7, 8
Fee Amount -- $30.00 for Each
Livable Dwelling
|