The Impact of the Existing 6 Mill Ad Valorem Tax on Chambers County
The Impact of the Existing 6 Mill Ad Valorem Tax on Chambers County
How Much the Current 6 Mill Tax Costs You. Millage rates (used in property tax assessments) are determined by the County Commissions and other taxing agencies. • A mill is one-tenth of one cent, (.001). • 6 mills = $0.006 In Alabama, property tax is based on property classification, millage rates, and exemptions. •
Single Family Home w/ Garage on ¼ Acre Lot in the Lanett Area • $52,460 (Appraised Value) = $5,260 (Assessed Value) • $5,260 (Assessed Value) X .006 (6 Mill Ad Valorem Tax) = $31.56/Year Cost to You • In this example, 6 Mills cost you $2.63 per month or less than $0.70 per week…
A few items that cost you more in a given Week?
$4.02
$4.57
What Has Lanett City Schools Been Able to Accomplish with the Existing 6 Mill Tax Lanett’s share of the revenues has been used to fund: • Additional teachers and support staff • After school programs
• Summer learning opportunities • Instructional materials • Classroom supplies • Transportation – maintenance and fuel • Facilities upkeep • Capital improvements
What Will Lanett City Schools Accomplish in the Future with the Existing 6 Mill Tax In addition to supplementing the cost for the aforementioned needs, revenues are critical for supporting the following initiatives: • An additional school resource officer (SRO) as well as other safety and security upgrades
• Building expansion at the secondary level; additional classrooms • Capital projects – several necessary upgrades and improvements
The Impact of the Existing 6 Mill Ad Valorem Tax on Chambers County
How Much the Current 6 Mill Tax Costs You. Millage rates (used in property tax assessments) are determined by the County Commissions and other taxing agencies. • A mill is one-tenth of one cent, (.001). • 6 mills = $0.006 In Alabama, property tax is based on property classification, millage rates, and exemptions. •
203.3 Acres of Land near Standing Rock • $368,480 (Appraised Value) = $121,370 (Current Use Value) = $12,140 (Assessed Value) • $12,140 (Assessed Value) x .006 (6 Mill Ad Valorem Tax) = $72.84/Year Cost to You • In this example, 6 Mills cost you $6.07 per month or less than $1.50 per week…
A few items that cost you more in a given Week?
$2.50
$13.49
On Average, 6 Mills cost you less than $1.50 per week…
On Average, 6 Mills cost you less than $1.50 per week…
HasChambers ChambersCounty County Commission Been Able to Been What What Has the Accomplish with the Existing 6 Mill Tax Able to Accomplish with the Existing 6 Mill Tax
What Has the Chambers County Commission Been Able to Accomplish with the Existing 6 Mill Tax
Chambers County 2015-2025 Transportation Plan
Chambers County Commission 2015-2025 Transportation Plan 2022 Projects Under Construction: • CR 02, 155 Foot Bridge over Norfolk Southern RR • Phillips Road, 0.83 Miles Add’l Lanes/Resurfacing & Signal Replacement
• I-85 (Exit 79), Lighting and Signals • 51st Avenue SW, Reconstruct and Pave 0.42 Miles • CR 195 (Hopewell Rd), Resurface 2.55 Miles • CR 268, Widen and Resurface 2.20 Miles • CR 241, Widen and Resurface 3.26 Miles • CR 173, Reconstruct and Chip Seal 0.55 Miles • CR 290, Reconstruct and Chip Seal 2.60 Miles •
CR 455, Resurface 0.63 Miles
The Impact of the Existing 6 Mill Ad Valorem Tax on Chambers County
How Much the Current 6 Mill Tax Costs You. Millage rates (used in property tax assessments) are determined by the County Commissions and other taxing agencies. • A mill is one-tenth of one cent, (.001). • 6 mills = $0.006 In Alabama, property tax is based on property classification, millage rates, and exemptions. •
Single Family Home w/ Garage on ½ Acre Lot in the Valley Area • $124,460 (Appraised Value) = $12,440 (Assessed Value) • $12,440 (Assessed Value) X .006 (6 Mill Ad Valorem Tax) = $74.64/Year Cost to You • In this example, 6 Mills cost you $6.22 per month or less than $1.50 per week…
A few items that cost you more in a given Week?
$4.19
$3.99
What Has the Chambers County School District Been Able to Accomplish with the Existing 6 Mill Tax Chambers County School District’s share of the revenues has been used to fund: • LHS New Gym 1999 – 3.2 million • LHS Media 2000 – approx. 1 million • LHS Band Room 2005- approx. 1.6 million • VHS Football Stadium 2001 – 2 million
• VHS Media 2002- approx. 2.6 million • VHS Band 2005 – approx. 1.6 million • Total of approximately $12 million
What Will the Chambers County School District Accomplish in the Future with the Existing 6 Mill Tax • New facilities future build • In 2000, industry standard building cost about $175-$200 per sf • In 2022, industry standard building cost about $350-$400 per sf • New STEAM Magnet School – approx. 15 million ($850,000 year payment) • CCSD Yearly Budget about $34 million • Teacher and Staff Monthly payroll $ 3.2 million • Teacher and Staff Monthly payroll from Local tax $310,000 ($3.7 million yr) • 3 mill’s for CCSD equals about $1 million year (each mill = $350,000)
• The loss of $1 million Yearly would be devastating and crippling
Thank you View the County Transportation Plan on the Chambers County Web Site at: www.chamberscountyal.gov/departments/highwaydepartment/chambers-county-transportation-plan You can find more information regarding property tax assessments at the following sites: https://revenue.alabama.gov/property-tax/property-taxassessment/ https://www.chamberscountyrevenue.com/#/info