Exemption Notice
Effective starting in tax year 2007, owner occupied legal residences in South Carolina are exempt from taxes levied for school operations (100.2 mills). To calculate this amount multiply .1002 times the assessed value. An example of this on a 200,000 tax appraisal is:
200,000 x 4% (assessment ratio) = 8,000 (assessed value). 8,000 (assessed value) x .1002 (school operations millage) = $801.60 (exemption amount)
Blended in with the 100.2 school operations millage is 2.9 mills. This amount (0.0029 times your property’s assessed value), is a “Surcharge to comply with Court Order of June 5, 2007, cases of Doe v. Beaufort County School District and Beaufort County Board of Education” and is pursuant to Beaufort County Ordinance 2007/33.