Local Tax Information
Property taxes are levied as a millage rate. Each year, the City Assessor’s office estimates the value of all property in the city — both real and personal — as of December 31, otherwise known as “tax day.” The valuation and condition of the owner’s property on this date is used to determine its value. A “Notice of Assessment, Taxable Valuation and Property Classification” is then sent to all property owners about March 1. The notice indicates three values for each property: Assessed Value and Taxable Value.
Assessed Value is equal to approximately half of the estimated market value of the property.
Taxable Value is the value used to compute the taxes on the property.
Property taxes are calculated using the following formula:
40% of the Taxable Value ÷ $1,000 x millage rate = Tax Levy (amount of taxes to be paid)
|DISTRICT||School District||Annual Rate / M|
|Colquitt County – Unincorporated||Colquitt County||23.472|
|City of Moultrie||Colquitt County||31.891|
|City of Doerun||Colquitt County||32.333|
|City of Norman Park||Colquitt County||40.587|
|City of Riverside||Colquitt County||31.915|
Georgia has a 4% State Sales Tax and Colquitt County has 2% for education and a 1% Special Purpose Local Option Sales Tax that are approved by the local voters for specific projects.