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 UPDATED:
03/02/2008
Camden County Schools
For 2005-2006, the Camden
County School System (CCS) needs $14,173,168 in property tax dollars to fully
fund the operations budget. The net tax digest (40% value) for this year is
$1,056,990,954. CCS adopted a millage rate of 14.578.
The adopted rate will actually bring in at least $15,408,814 or $1,235,646
more than the budget requires. In other words, CCS has adopted a millage
rate that will take more tax dollars from the property owners of Camden County
than is required to fund the cost of public education.
Had CCS "done the math," it would have adopted a millage rate of 13.409.
The owner of a $150,000* property will pay $874.68 in property taxes for schools
(not considering exemptions), $70.14 more than necessary. The excessive
tax bite will, of course, be much higher for commercial and higher-value
residential property owners.
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Jurisdiction List
*assessed value. This value does not include exemptions, which may lower your actual tax liability.
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