![]() Savannah has seen its share of ups and downs when it comes to population. Many students also call Savannah home as it is the location of several universities and colleges, including Armstrong State University, Savannah State University and Savannah College of Art and Design. Savannah is also one of the largest ports for shipping container traffic and is home to many company headquarters including TitleMax and JCB. Today, Savannah’s port and tourism are the main drivers of the economy. Savannah serves as the county seat of Chatham County and serves an important role as an industrial center and seaport. ![]() School Board taxes are collected by the Chatham County Tax Commissioner.What’s most notable about Savannah is that it is the oldest city in Georgia, having been established in 1733. Property owners in the County and City also pay School Board taxes. Chatham County residents who reside within Savannah’s city limits are required to pay both County and City property taxes per Georgia law. *Please note: In Chatham County, the School Board and Chatham County set and assess property taxes separately and in addition to the tax rate set and collected by the City of Savannah. The City of Savannah’s 2021 millage rate was set at 12.739 property owners paid $12.739 per $1,000 of taxable value. 1 mill = $1 tax per $1,000 taxable value. ![]() The taxable value is then multiplied by the millage rate. Let's say this homeowner qualifies for a homestead exemption of $2,000. All property in Georgia is taxed at an assessment rate of 40% of fair market value.Įxemptions, such as the homestead exemption for owner-occupied homes, reduce the taxable value of your property. (Fair Market Value x Assessment Rate) - Exemptions = Taxable ValueĮach year, your property's fair market value is set by the Chatham County Board of Assessors. First, we need to find out the taxable value of the property, then we can calculate the taxes based on that value and the current millage rate. Let's go step-by-step through a calculation of City of Savannah property taxes for a home with a fair market value of $100,000. Phone: (912) 652-7271 Calculating Property Taxes To find out which exemptions you might qualify for, please contact the Chatham County Board of Assessors. ![]() There are also exemptions based on an individual’s age, income, and status as a disabled military veteran. The Homestead Exemption, for instance, locks in the value of your property for the entire time you are the owner. Exemptions Lower Your TaxesĮxemptions can lower the taxable value of your property. Please reach out to the Chatham County Board of Assessors with questions about property valuation and the appeals process. The City of Savannah has no role in determining the value of your property. The annual notice also includes the deadline for property owners to appeal their property’s valuation with the Board of Assessors. Appealing Your Property's ValueĮach year, property owners receive notice from the Chatham County Board of Assessors about the value of their property as determined by the Assessors’ appraisal program. Put simply, City of Savannah property taxes are based on the fair market value of your property (as determined annually by the Chatham County Board of Assessors) and the City’s millage rate (set annually by Savannah City Council).
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