Assessment Examples
Example # 1


$ 100,000

Fair Market Value
The assessor of the parish determines fair market value. You can say that the assessor of the parish is the chief appraiser for the parish.

-75,000

Homestead Exemption

$ 25,000

Taxable Value

x 0.10

Level of Assessment

$ 2,500

Assessed Value

x .10703

Millage or Tax Rate *


$ 267.58

Tax Bill





Example # 2


$ 125,000

Fair Market Value
In Example # 2, the tax bill doubles because the homestead exemption is still $75,000. This makes the assessed value double. In this case, just $25,000 of value makes the tax bill double.

- 75,000

Homestead Exemption

$ 50,000

Taxable Value

x 0.10

Level of Assessment

$ 5,000

Assessed Value

x .10703

Millage or Tax Rate *

$ 535.15

Tax Bill




Example # 3


$ 150,000

Fair Market Value
Mills means in the thousandths or --- .10703 or --- $107.03 per $1000 of Assessed Value or simply --- 10.703%

-75,000

Homestead Exemption

$ 75,000

Taxable Value

x 0.10

Level of Assessment

$ 7,500

Assessed Value
For every $25,000 of taxable value the tax bill increases by $267.58

x .10703

Millage or Tax Rate *

$ 802.73

Tax Bill





Fair Market Values above the $75,000 Exemption




Assessed Value
   Tax Bill *


     $ 500

     $ 53.52
If your home is valued at $75,000 or less for parish, your tax bill will be $0.00.

  $ 1,000

   $ 107.03

  $ 1,500

   $ 160.55

  $ 2,000

   $ 214.06

  $ 2.500

   $ 265.56
St. James Parish Assessor's Office
P.O. Box 55
Convent, LA 70723
Glenn M. Waguespack
225-562-2252
E-mail

  $ 3,000

   $ 321.09

  $ 3,500

   $ 374.61

  $ 4,000

   $ 428.12

  $ 4,500

   $ 481.64

  $ 5,000

   $ 535.15

  $ 5,500

   $ 588.67

  $ 6,000

   $ 642.18
  $ 6,500
   $ 695.70


  $ 7,000

   $ 749.21

  $ 7,500

   $ 802.73

  $ 8,000

   $ 856.24
Lutcher Town Tax Rate 13.60 mills or 1.360%
Gramercy Town Tax Rate 9.93 mills or .993%
* Average 2013 Millage Rate

  $ 8,500

   $ 909.76

 $ 9,000

   $ 963.27

  $ 9,500

$ 1,016.79
$ 10,000
$ 1,070.30



   

 

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