MRAC - Ad Valorem Tax 101 SAV
This course examines tax classifications and codes reported on the tax digest including exemptions; the digest approval process; property assessments; appeals; setting the millage rate; taxpayer bill of rights; completing the PT 32.1 and five year history. The course also reviews state law on property tax and special classes of property such as timber, mobile homes, motor vehicles, recording intangibles and real estate transfer tax. Distribution of public utility tax, sales tax, E-911 prepaid wireless fees, alternate ad valorem tax (IRP) and TAVT will also be reviewed.
This is class #1 of the 5 classes required for the Municipal Revenue Administration Certificate (MRAC) Program. Future classes include: Delinquent Tax Collections on October 1, 2021, Occupation Tax/Regulatory Fees & Alcohol License on October 7, 2021, Governmental Fund Revenue Sources on October 14, 2021, and the final class will be Customer Service & Cyber Security on October 15, 2021. This round of classes will all be held in Savannah. All five classes must be completed prior to receiving your certification.