Revenue and Fiscal Affairs calculates the millage rate Increase limitations for local government property taxes. Additionally, Revenue and Fiscal Affairs provides projected revenues, historical property values, and information on millage rates.
Fiscal Analysis
Division
Property taxes are assessed and collected by local governments and the S.C. Department of Revenue. Revenue and Fiscal Affairs provides the following summary reports on property tax assessed values based upon available data from the S.C. Department of Revenue.
Owner Occupied Real Property - 4%
Agricultural (Private) Real Property - 4%
Commercial & Rental Real Property - 6%
Agricultural (Corp.) Real Property - 6%
Personal Property Vehicles - 6%
Other Personal Property - 10.5%
Business Personal Property - 10.5%
Manufacturing Property - 10.5%
Utility Property - 10.5%
Fee-in-lieu - Not applicable
Millage rate is the property tax rate set by each local governing entity (I.E. school district, county, municipality, or special purpose district) that is applicable to all property subject to ad valorem tax within the geographic boundary of that governing entity.
For Detailed millage rate information (external link):
