|
TAX RATES
|
CURRENT 2023 MILLAGE BY TAXING DISTRICT |
| County, Unincorporated Areas |
(001) |
16.2303 |
| City of Lake Butler |
(002) |
19.4803 |
| Town of Raiford |
(003) |
16.2303 |
| City of Worthington Springs |
(004) |
18.2303 |
| Lake Butler Redevelopment Area |
(005) |
19.4803 |
TAXING DISTRICTS
Taxing districts are geographic areas of the county in which property
taxes are levied at the same rate. The entire county is in the Suwannee River Water Management District.
In an unincorporated area of the county, the millage levy includes the
rates levied by the Union County Commission, the Union County
School Board, and the appropriate water management district.
Inside each city, the millage levy includes these same rates, plus the
millage rate levied by that respective City Commission. For example,
a property in the City of Lake Butler would pay taxes based on the millages
levied by the following taxing authorities.
| Union County |
10.0000 |
| Public Schools |
5.4190 |
| City of Lake Butler |
3.2500 |
| Suwannee WMD |
0.3113 |
| Library |
0.5000 |
| Total |
19.4803 |
A list of the individual taxing authority millage rates can be found
in the chart below.
MILLAGE RATES
Taxing authorities levy annual taxes on the taxable property in their
jurisdictions. The rate at which a taxing authority levies tax is
usually expressed in mils. One mil represents a rate of .001, and can
be confusing if millage is confused with millage rate. The easiest
way to think of millage is in "dollars per thousand"; that is, a rate
of one mil is equal to one dollar of tax for each 1000 dollars of
taxable value. The following example may be helpful.
If a taxing authority levies 10 mils on $1000 of taxable value...
*The millage levy would be expressed as 10 mils
*The millage rate would be expressed as .010 (.001 x 10)
*The amount of tax would be calculated as $1000 x .010 = $10.00
*10 mils generates $10 of tax for each $1000 of taxable value.
The calculation of taxes on your home might look like this,depending
on the value of your home and the taxing district you live in.
This is a hypothetical example.
| Assessed value | $50,000 |
| Homestead Exemption | - $25,000 |
|  |
| Taxable Value | $25,000 |
| Tax rate (20 mils) | x 0.020 |
| |
| Tax amount | $500.00 |
|
Millage rates are set each year during the budget hearings held by
each of the taxing authorities. Two public hearings are held each
year, usually July through September, at which time budgets and tax
rates are set. The meetings are advertised and are open to the public.
|
2023 MILLAGE BY TAXING AUTHORITY |
| Union County |
10.0000 |
| Public Schools |
5.4190 |
| City of Lake Butler |
3.2500 |
| Town of Raiford |
0.0000 |
| City of Worthington Springs |
2.0000 |
| UC Public Library |
0.5000 |
| Suwannee River WMD |
0.3113 |
| 
