YOU HAVE UNTIL MAY 27TH TO APPEAL YOUR NEW PROPERTY VALUATION

May 20, 2015

Prop Value Up

About a month ago, every property owner in Jasper County received their 2015 Property Tax Assessment in the mail. Your assessment most likely went up, and it possibly went up significantly. If you don’t agree with the new value, you can appeal it in writing. Click here to get the proper form.

This form must be filed with the Jasper County Board of Assessors, located on the main floor of the courthouse by 5/27/15.

Property taxes are local government’s main source of revenue for schools, police and fire departments, libraries and other local services. Property taxes are computed by multiplying a property’s assessed value (Fair Market Value x 40%) as formulated by the tax assessor’s office by the local millage rates.

Presently the millage rates are as follows:

County           17.446
State                   .10
Hospital           1.00
Schools            18.99

Total   =   37.536 (If you live in the City of Monticello, your rate is 44.391 mils)

This rate could increase, decrease or stay the same depending on the approved budgets that the School Board and BOC are now working on.

The primary factors affecting your property value are:

*    size
•    condition
•    utility
•    location (dirt road, paved road, north part or south part of county)
•    age
•    economic and market forces
•    other

Some facts about Jasper County property taxes:

Lynn Bentley, Chief Appraiser for Jasper County, spoke about why the values went up so much this year at a recent citizens’ meeting held on May 14.

1.      There were 166 useable market sales in 2014. These sales determined the new values for our properties.

2.      The value of all non-exempt property in the county is $330,973,842. This figure is multiplied by 40% to get taxable (assessed) value.

3.   For Rural Residential (under 30 acres) houses went up 12% in value, land in the north part of the county went up 8%, and land in the south part of the county went up 12%.

4.   The total increase in taxable property values for 2015 is $14,922,931 which will bring in the following additional taxes at the current millage rate:

a.  County   $260,345

b. School      $283,386

c.  Hospital  $ 14,923

d.  City        $102,297

As you can see, higher values = higher property taxes.

Mrs. Bentley told me she was more than willing to go over anyone’s property values with them, and if there were questions she would be happy to answer them. She also said that she would be willing to take a second look at your property if you feel it is not valued correctly. You can call the Board of Assessor’s office at 706-468-4904.

 

TWG

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Citizens, be informed and stay informed! Only by being informed can the citizens understand what is being done and talked about, and then press our officials to make good decisions for everyone in Jasper County. That is our goal with the Taxdogs blog.

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3 Responses to YOU HAVE UNTIL MAY 27TH TO APPEAL YOUR NEW PROPERTY VALUATION

  1. LR Short says:

    WOW. Isn’t it eerie how the tax bill soars almost across the board 12%, while the projected budget increase of 9% is neatly covered? There must be some sort of Vulcan mind meld going on between the chief tax assessor and the county manager.

    But, some of our taxes went up, much, much more than 12% and supposedly due to a County wide “useable property” sales totaling -get ready for the shock- a whopping 100 plus 66.. WHEW!!! , the local realtors must be insanely swimming in glorious ecstasy .I’m surprised that new banks aren’t being built to hold on the newly acquired profit from such a bountiful windfall.

    Mayhap the Board of Assessors in their esteemed grace could find it in their benevolent hearts publish a list of these purported 166 “useable sales” for the us tax mules to better understand the reason our property taxes continue to grow wings?

    Several years back I went to the Board of Assessors and requested a correction on my tax bill due to the information about the property being..lets say over inflated. . They were very understanding and corrected the errors in my favor, garnering me a whopping $25.00 break on my tax bill, but since I lost two hours of work I came out on the short end of that erroneous data deal.

    But, the enlightening part about the experience was how the property was accessed. You see, it’s all a very scientific process using statistics and visual aids, which amounts to in a nutshell; the tax assessor taking an afternoon ride out to your property; visualizing the property, maybe imagining a building or two that may or may not exist and mentally calculating how many baths you may have, making note, taking a few pictures and as soon as it began their five minute visual appraisal is up, they’re off, headed back to your generously funded, climate controlled tax office. Back at the county tax assessors hive, they look up your neighbor’s property to see if Ol’ Bullwinkle recorded any improvements, additions or built a new structure and if he did increase the value of his property, well by Jove, then your value just went up as well….see like’s been said, it’s all a very scientific process that average tax mule just doesn’t have the wherewithal to understand.

    I wish I’d understand this so called Fair Market valuation method back in the day when I was in the home building business. Like the simpleton I am, I used to determine the price of construction according to the cost of the product, plus labor. Did the future homeowner want formica kitchen counter tops or granite, marble tile and word floors or vinyl and carpet, custom clad shower stalls with jacuzzi tubs or fiberglass one piece units, etcetera and so on. I did not understand back then that I could have saved myself weeks of estimating the cost of new construction , when all I needed to do was drive though a neighbors yard, ask them how much their house cost and price accordingly.

    People used to ask for a ballpark figure and I’d query whether they wanted Luther B. William’s or Ted Turner Field ? Well duh, I didn’t realize then that I could have just priced Ted Turner Field from the start and called it Fair Market Value.

    You’re perfectly entitlement to believe any bull stink you wish , but in my humble assessment , Fair Market Value is nothing more than scam used to sucker rubes into believing that their neighbor’s overpriced albeit poorly built McMansion increased the value of their decade old family home exponentially and therefore justifies the want of the puppet County government to gouge them for more money so they can gift their government cheese eating cronies with more taxpayer funds to burn though in the holy and sacrosanct name of the GREATER GOOD.

    I’m certainly glad vehicle tags aren’t determined by this so called Fair Market Value scheme, because every time the neighbor buys a sporty new import, the value of my 20 year old clunker would increase as well.

    Fair Market Value is a decision that should only to be determined between a buyer and a seller. The county government can’t even manage a simple budget, yet here they are telling us what our property is worth.

    I think if the County is afforded the power to lay a tax based on their valuations of our property, then they should also be held legally liable for guaranteeing that value price be received at the time of sale of that property or be obligated to make up the difference.

    Appealing one’s property tax only lends credence to the scam of Fair Market Value. What we really need is for people to publicly step up and demand property tax reform. Let’s see these so called limited government Republicans step up to the plate and walk the walk…but in the meantime, I won’t hold my breath.

    We cannot solve our problems with the same thinking we used when we created them.
    Albert Einstein

  2. Betty Seale says:

    I have no children, grandchildren and in a very few months I will be 79.  Can I opt out of the school taxes at my age.

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