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Ad Valorem Taxes: How Your Property-Tax Dollar Is Divided
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Source: Dalton Daily Citizen

Depending on where your property is located, each dollar you pay in property taxes is divided among different taxing authorities. We’ve mapped out where the money goes. A $200,000 home. Six locations. Six breakdowns showing where your property-tax dollars go. If you own property in Whitfield County, you probably know how much your annual property-tax bill is. But do you know who gets that money — and how much each taxing authority receives? Property taxes are also known as ad valorem taxes. The term comes from Latin and means “according to value.” Unlike a flat fee, an ad valorem tax is based on the value of the property being taxed. The answer to where your property-tax money goes depends partly on where your property is located. A property inside Dalton’s city limits is taxed differently from one in unincorporated Whitfield County. Properties in Varnell, Tunnel Hill and Cohutta have their own combinations of applicable tax rates.
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Read the original at Dalton Daily Citizen



