on a number to learn what each item means.
by Item Explanation of Numbered Arrows. The First 6 Items also Appear
on Back Side of Appraisal/Assessment Notice.
Date notice is printed
The tax district wherein
the property is located.
The owner's name as
of December 31 as required by law. The mailing
address is taken from the owner's deed, or from the latest information
provided by the owner.
actual Assessor's appraised value (market value or Agricultural Use Value
if applicable) as of December 31, for each of the four classes of property
described on the notice. This value includes the land and any structure
including pools, sheds, tennis courts, etc. An explanation of the four
classes is provided in Item 9 below.
assessment ratio as prescribed by law for each of the four classes of
The assessment is the
value obtained by multiplying the appraised value (Item 4) by the appropriate
assessment ratio (Item 5). This assessment will be used by taxing authorities
when levying taxes. The "total assessment" is the "taxable
assessment" and is a combination of classification lines 1, 2, &
4. The "total assessment" is then multiplied by the "millage
rate" to produce the "tax amount." Example of computing
assessment and taxes:
currently nineteen (19) tax districts in Richland County. The tax dis
strict is shown on the notice in the Tax District Box (Item 2). The County
Auditor's Office can provide you with the current millage rate for the
The millage rate usually changes from year to year; if the rate for this
year has not been set, any taxes that are computed should be considered
only an estimate.
block provides general information about the property such as the street
address, road number, or box number where the property is located and
the plat block and lot number, or tract number, the boundary measurements,
and/or the number of acreage, and the deed book and page number.
block provides a brief explanation as to why your property was appraised
and the reason you were mailed the notice.
and every lot or tract of real property appraised by the Richland County
Assessor's Office is assigned one or more of these 4 classification codes.
The definition of each assigned class is:
- Class Owner
Occupied Residential Property
Assessment Ratio- .04
Meaning: That portion of real estate used as the owner's legal residence
to include up to 5 acres of land. An initial application to receive
this rate must be made by the property owner.
- Class -
Assessment - .06
Meaning: All other real property appraised by the Richland County Assessor's
Office not classified at either the owner occupied residential class
or the "use value-agricultural" class. This includes idle
or vacant land, residential property either non-owner occupied or rental,
and all commercial property appraised by the Richland County Assessor's
- Class -
Market Value - Agricultural Property
Meaning: The market value of land being used for agricultural purposes.
Taxes on this value are not paid until the use of the property changes
from an agricultural use. The assessed value from this class, less the
assessed value from the "use value agricultural" class below,
generates the rollback assessment. This rollback assessment will have
millage applied against it to produce the rollback taxes for the year
the use changes and up to 5 previous years the property received the
use value. See the section on rollback taxes on Page 3 for a further
explanation of rollback taxes.
- Class -
Use Value - Agricultural Property
Meaning: The agricultural value of land being used for agricultural
purposes. The land in this class is the same property as in the "market
value-agricultural" class above. An initial application to receive
this use value classification must be made by the property owner. As
long as the property continues to be used for agricultural purposes,
taxes will be based on this value. The 4% ratio applies to privately
owned property and the 6% ratio applies to corporate owned property
not qualifying for the 4% ratio.
The amount of acreage
attributed to each class of property. The combined acreage of Classification
Lines 1, 2, 3 should equal the total acreage for the entire tract valued
on this notice.
tax map number is the assessor's map numbering system, but is not to be
confused with the owner's plat block and lot number.
value is the total appraised "market value''of the 1st, 2nd and 3rd
classification lines (items 4 & 9). This block also represents the
total "taxable value" of the property unless the property is
receiving agricultural use value on at least a portion of the tract. In
the case of agricultural property,the total taxable values a combination
of the 1st, 2nd, and 4th classification lines and would differ from the
total "market value" shown in this block.