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  • 2010 Millage Rate

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    This document contains information about insurance premium tax and local option sales tax (LOST) calculations for an unincorporated county area. It shows the unincorporated and incorporated property values, sets the millage rate at 21.73 for unincorporated areas, and calculates gross and rollback millage rates for insurance premium tax at 2.25 mills and LOST at 2.99 mills based on dividing tax revenues by property values. The unincorporated millage rate remains 21.73 after accounting for these taxes.

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    This document contains information about insurance premium tax and local option sales tax (LOST) calculations for an unincorporated county area. It shows the unincorporated and incorporated property values, sets the millage rate at 21.73 for unincorporated areas, and calculates gross and rollback millage rates for insurance premium tax at 2.25 mills and LOST at 2.99 mills based on dividing tax revenues by property values. The unincorporated millage rate remains 21.73 after accounting for these taxes.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    290 views1 page

    2010 Millage Rate

    Uploaded by

    paulacham4412
    This document contains information about insurance premium tax and local option sales tax (LOST) calculations for an unincorporated county area. It shows the unincorporated and incorporated property values, sets the millage rate at 21.73 for unincorporated areas, and calculates gross and rollback millage rates for insurance premium tax at 2.25 mills and LOST at 2.99 mills based on dividing tax revenues by property values. The unincorporated millage rate remains 21.73 after accounting for these taxes.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 1

    Insurance Premium Tax 658,124

    Local Option Sales Tax 966,893

    Unincorporated Digest 291,870,309


    Incorporated Digest 31,414,310
    County Wide 323,284,619

    Millage set by Board 21.73


    (unincorporated)

    INSURANCE PREMIUM TAX

    1 Take Unincorporated Millage set by Board 6,342,341.81


    (Amount of mills x unincorporated digest)

    2 Add Insurance Premium Tax 658,124.00


    7,000,465.81

    3 Divided by unincorporated digest 23.98 Gross Mills


    Insurance Premium Tax divided by unincorporated digest 2.25 Insurance Premium Tax Mills
    21.73 Unincorporated

    LOST

    1 Unincorporated Digest (Step 2) 7,000,465.81


    2 Incorporated Digest (incorporated digest x gross mills) 753,467.54
    7,753,933.35

    3 Add LOST 966,893.00


    8,720,826.35

    Divided by County Wide 26.98 Gross Mills


    LOST divided by County Wide 2.99 LOST Rollback Mills
    23.98 Incorporated

    26.98 Gross Mills


    4 Less LOST Rollback Mills 2.99 LOST Rollback Mills
    5 Less Insurance Premium Tax Mills 2.25 Insurance Premium Tax Mills
    21.73 Unincorporated

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