During Tuesday’s Board of Commissioners meeting, the Commission approved rolling back the millage rate for Columbia County to its lowest in 33 years. The overall millage rate is 8.618, which includes Maintenance and Operations (M&O), debt service and fire protection services. Columbia County’s millage rate for M&O this year is 5.147 mills (lowest since 1989).
For Columbia County, a rate of 5.147 mills which is made up of the following:
>To pay expenses of General Service and Administration of Government 1.581 Mills
>To provide Judicial Services .283 Mills
>To provide Public Safety 2.282 Mills
>To provide Public Works .434 Mills
>To provide Health & Welfare Services .063 Mills
>To provide Culture & Recreation .425 Mills
>To provide Economic Development .079 Mills
Debt service for general obligation bonds 0.683 Mills.
For the special service district created to provide fire protection services, a rate of 2.788 mills which will be used entirely for providing fire protection services in the special service district.
To compute your property taxes using the millage rate, use the sample formula shown in the graphic.
Millage Rate for Columbia County (don’t forget to move the decimal three times)
X
Assessed Home Value
=
Property Taxes
A home tax assessment, done by the Columbia County Tax Assessor’s office, is used to determine the value of your property for tax purposes. The Board of Assessor’s and Tax Assessor’s office, not the Board of Commissioners, are the ones to compute the fair market value of your home. By law, the fair market value is based on comparable sales in your area. For any questions regarding your fair market value, please contact the Tax Assessor’s office at 706 868-4223.
What is the difference between Fair Market Value and Assessed Value?
Fair market value is calculated by the Tax Assessor's Office, and unless a special program applies, property taxes are levied at 40% of the fair market value giving you the assessed value of your home.
Original source can be found here.
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