make-sense-ptxb

Property Tax Bill

Greenville County

South Carolina USA

Jack A. Taylor - Greenville County SC USA

Many people are paranoid about their affairs.  However folks, your Real Estate Property Tax Bill (REPTB) is a matter of Public Record By-Law!  Since you are able to look-up the facts and figures about my REPTB, I'm going to openly share the information and break-down, detail, and explain some of the items on our REPTB.  Many - most renters have never seen a REPTB.  Account Number, Map Number, Street Address-Location you'll have to look up yourself at our County Tax Office to absolutely verify if you doubt me.  Also, since the property is listed in my wifes name (prior to our marriage) and the Tax Office will not change this unless the Mortage Company Registers a New Deed and as my wife is paranoid about releasing personal information, Go-Figure...

I like this local government public record concept.  It prevents the deceitful influential, ungrateful powerful, and corrupt rich from hiding through creative accounting their unabashed greed.  It's probably the best reason for us to:  Vote No to Elimination of Property Taxes.

About this paranoia, well O.K.  Please don't insult "hackers," because if you have ever used a check or plastic to purchase items, more than likely a very-good highly-skilled hacker will be able to determine what brand of tissue you use on the brown spot between left-gluteus-maximus and right-gluteus-maximus.  Don't worry, they cannot find out whether you wipe forward or rearward or are a blotter.  Yes, it has been the subject of a funded research-study.  Tons of information exist, it's just a matter of finding, accessing, and filtering through a DataBase somwhere.  The collection of the data started long before the "home-computer revolution."  99% of hackers are NOT malicious, they do it for the same reason mountain climbers climb mountains, "because it's there."

Now that you've been entertained, infuriated-insulted, informed with my introduction, let's examine a typical Real Estate Property Tax Bill.  You can use this procedure to figure the taxes on any listed property to determine the total tax less any State Property Relief Benefit (Savings) Credit, SPRB(S).  As soon as I get an opportunity to discuss it with the Tax Office, I'll post what this SPRB(S) is about.
    Also, for folks over the age of 65 or totally and permanently disabled, the Homestead Exemption on the first $50,000.00 will offset the total amount.
    Also, for those who have applied for and been granted Assessment Ratio Relief under State Code of Law 12-43-220 as amended, there may be more offset of the total tax amount.  View the back of your REPTB about this.
    Basically, in plain language, this Section of Law provides an opportunity for owner occupied residence which may have been assigned an Assessment Class higher than LR = 4% Assessment Ratio such as previously commerical property ( Assessment Class OT = 6% Assessment Ratio ) but became residential owner occupied and if granted provides Ratio Relief (50% Reduction).  With all the listed requirements, this should be very difficult for the greedy to circumvent through an honest Tax Accessor.

The pursuit of information about SPRB(S) and Assessment Ratio Relief is my actual objective with this.  Is there equality in those two, are there cleverly crafted loopholes in them to allow favortism to different classes of property owners, are they getting a "Full Dose of Sunshine," are they a matter of easily accessed public record for who/which how much since I'm NOT able to find them listed on our County WebSite Property Values Pages???

Start with the items and numbers in the two left columns:
Multiply Total Taxable Value by the Ratio 4% (4% = LR = Legal Residence) result is the Assessed Value.  Then multiply the assessed value by the Millage 0.2787  (278.7 mills per $100.00 valuation rate). The result will be the assessed tax, then adjustments - credits - deductions - exemptions begin, the gray - shady areas.

53292 x 0.04 = 2130
2130 x 0.2787 = 593.63

    If this was for example, a rented house meant for single-family dwelling and the owner lives elsewhere, the Assessment Class would be OT = 6% Assessment Ratio, and if the house had the same Total Taxable Value, then the tax would be figured at a 50% higher rate, as essentially a business - commerical property, with about $74.33 per month of the rent money to pay REPTB.  The tenant (the rent payer) does not get to deduct the taxes from Income Tax, but chances are on average, the renters income and expenses would make a Standard Deduction higher than an Itemized Deduction, so it works out about even.

53292 x 0.06 = 3197.52
3198 x 0.2787 = 891.28

    Add in the SANITATION FEE and Deduct the SPRB(S) Credit and you have the basic starting numbers.  Do residential rental units qualify for SPRB(S)?  Right at this minute, I do not know.

If we were eligible, a $50,000.00 Homestead Exemption would be deducted:

53292 - 50000 = 3292
3292 x 0.04 = 131.68
131.68 x 0.2787 = 36.699216 ( $36.70 Tax Bill instead of $593.63 )

I like it that elderly/disabled perhaps on fixed-meager income get tax relief.

    We do not have to be as mean as a deadly snake in the grass devouring the insect and pest eating good frogs and lizards to have reasonable government instead of tyranny for corrupt princes in palaces who manipulate the buying and selling of property for excessive gains at the expense of others.

The Millage does vary some by Fire & Sewer District.  The lowest Fire Protection Millage Rate compared to mine was about ten mills lower, cannot remember which was higher, but 10m out of 279m is not enough to cause me to want to change residence.  The Tax Office has the amount of the Millage for each district.
[ mill = one one-thousandth ($00.001) (ie... ten percent of one percent) ] or
[ one-tenth of one penny ]

I promise and virtually guarantee, as I become informed about and collect some data on SPRB(S) Credit and Assessed Ratio Relief, the information will be posted in/on a webPage and linked to on this page and on my Vote Directory - Folder Page which also has a/the link to my e-mail address.

Is SPRB(S) a flat rate amount equal for all, or a percentage of - Total Taxable Value - Assessed Value??

WHATEVER HAPPENED TO?
"Let each provide as their own means make them able."
Seems like something serious is missing in a god fearing bible belt region of the country!

Other Questions About REPTB

More to come as others "jog" my memory - educate me.

To:  More Very Interesting Voting Information