| 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
2015 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 |
.0065 |
|
|
|
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 |
|
|
City Schools |
5,000 Maximum |
|
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 |
| |
|
| |
Timber Tax - .10 per acre |
| |
|
|
Tax Code |
Location |
School |
Municipal |
Total |
|
|
District No. 1 |
.011 |
-- |
.030 |
|
|
District No. 2 |
.011 |
-- |
.030 |
|
|
Sheffield |
.010 |
.0225 |
.0515 |
|
|
Tuscumbia |
.0135 |
.0155 |
.048 |
|
|
Muscle Shoals |
.016 |
.0055 |
.0405 |
|
|
Leighton |
.011 |
.005 |
.035 |
|
|
Cherokee |
.011 |
.005 |
.035 |
|
|
Littleville |
.011 |
.005 |
.035 |
* Fire Fee Added to
District #1, 2, 6, 7, 8
Fee Amount -- $50.00 for
each dwelling, mobile home and Commercial
building
|
