Tallapoosa County Property Taxes
PLEASE NOTE:
Property taxes are paid in arrears.
Taxes are due October 1 of each year and become delinquent January 1.
Taxes may be paid in person or by mail to the Revenue Commissioner's Office.
Property (Ad Valorem) Taxes on Real and/or Business Personal Property. "Ad
Valorem" means "according to value". Real Property includes land and
improvements (buildings). Business Personal Property refers to furniture,
fixtures, tools, and equipment used in the operation of a business. It also
includes airplanes and corporation shares of stock.
The
County Appraiser is responsible for determining property value which must, by
law, be set according to "fair and reasonable market value." Your property is
probably not for sale, but the local appraiser must determine the value of the
property as if it were "sold" in an "arm's length" transaction between a
"knowledgeable and will seller," neither being under any pressure to buy or
sell.
Steps to take when you buy property
-
Record your deed in the Probate Office. Many new property owners often rely on
the title company, real estate agent, or other representative to properly
record their deed and assess their property. However, the final responsibility
is still yours, as the owner, to see that all the necessary steps have been
taken.
-
File an assessment return with the County Revenue Commissioner. Present your
recorded deed for assistance in completing your assessment return. This can be
done in Dadeville or by mail. Do this promptly after recording your deed. DO
NOT WAIT until October 1 - December 31 to file your assessment return. Any
return filed January 1 - September 30 will take effect the following year.
Failure to file an assessment return with the County Revenue Commissioner
automatically generates a statutory penalty. Claim any exemption(s) due you at
the same time you file your assessment return. If you are permanently and
totally disabled, or if you are 65 or older and your primary residence is in
Tallapoosa County, please contact The County Revenue Commissioner's office for
information regarding additional homestead exemption entitlement.
-
Check with the collections office to make sure taxes are current. On real
property (land and improvements) the buyer can be held liable for any unpaid
taxes - even for years before he/she bought the property. The buyer is liable
for the entire year's taxes, even if that person bought the property during
the year and taxes were prorated with the seller at the time of closing. Your
are responsible for taxes on all property you own, regardless of how the tax
bill may be listed.
-
Mail a copy of the assessment return to your mortgage company if it has agreed
to pay your taxes.
-
Report any change of address or ownership promptly to the County Revenue
Commissioner's Office. Tax bills are usually mailed to the address on record
in the County.
-
Property taxes are due October 1 of each year and become delinquent January 1.
Make payment of tax bill to the Revenue Commissioner's Office.
TALLAPOOSA COUNTY PROPERTY TAXES
MILLAGE RATES & HOW TO CALCULATE YOUR TAXES
Total Tax Levy (Millage)
for Districts in Tallapoosa County
|
Alexander City |
37.5 Mils |
|
Dadeville |
35.0 Mils |
|
Camp Hill |
35.0 Mils |
|
Carrville |
30.0 Mils |
|
Tallassee |
22.5 Mils |
|
District (1) |
30.0 Mils |
Calculating Your Tax
The Alabama Legislature has established Property Assessment Ratios as follows:
|
Class of Property |
Type of Property |
Classification % (Assess. Ratio) |
|
Class I |
Utilities |
30% |
|
Class II |
All other property |
20% |
|
Class III |
Farm, Forest & Owner Occupied Residential
Property |
10% |
|
Class IV |
Motor vehicles |
15% |
General Formula
Fair Market Value X Classification % =
Assessed Value X Millage Rate = Gross Tax
Primary Home's Gross Tax - Homestead
Exemption = Net Tax
The Formula above does not apply to farm or
forest lands receiving benefit of "current use" values.
The maximum homestead exemption is $43.00.
|
State Gen. Fund |
2.5 Mils |
Alexander City |
15.0 Mils |
|
|
State Soldier Fund |
1.0 Mils |
Co. Gen. Fund |
5.5 Mils |
|
|
State School Fund |
3.0 Mils |
Co. Rd & Bridge Fund |
3.0 Mils |
Sp. School District |
7.5 Mils |
|
Total State |
6.5 Mils |
County Wide School |
4.5 Mils |
|
| |
|
Total County |
13.0 Mils |
Total District |
10.5 Mils |
This information was taken from the "Tax
Facts" brochure that was published by the Tallapoosa County Revenue
Commissioner's Office.
Please contact them at 256/825-7818 for
additional information
|