(1) The tax receiver or tax commissioner of
each county shall list all taxable real and personal property on the digest
using the classifications and strata specified in Regulation
560-11-2-.20.
(a) The tax receiver or tax commissioner
shall further identify the properties listed on the digest by use of a
two-digit code, the first character of which shall designate the property
classification and the second character of which shall designate the stratum.
The code is more particularly described as follows:
1st Digit - CLASSIFICATION
A - Agricultural
B - Brownfield Property
C - Commercial
F - FLPA Fair Market Value (for reimbursement
purposes)
H - Historic
I - Industrial
J - FLPA Conservation Use
P - Preferential
R - Residential
T - Residential Transitional
U - Utility
V - Conservation Use
W - Environmentally Sensitive
2nd Digit - REAL PROPERTY STRATA
1 - Improvements
2 - Operating Utility
3 - Lots
4 - Small Tracts
5 - Large Tracts
6 - Production/Storage/Auxiliary
9 - Other Real
2nd Digit - PERSONAL PROPERTY STRATA
A - Aircraft
B - Boats
F - Furniture/Fixtures/Machinery/Equipment
I - Inventory
P - Freeport Inventory
Z - Other Personal
(2) The chairman of the board of assessors
shall certify to the tax receiver or tax commissioner a list of all properties,
the assessed value of which were changed by the board from the values appearing
on the previous year's digest. This list shall not include previously
unreturned real and personal property. It shall also exclude divisions and
consolidations of property and those changes that are mere transfers of
ownership.
(a) The list shall show the final
assessed values on the previous year's digest and the assessed values placed on
the current year's digest and shall be consolidated by the tax receiver or tax
commissioner using the same classifications as are used to classify property
appearing on the digest. This list shall be submitted by the tax receiver or
tax commissioner to the State Revenue Commissioner at the time and in the
manner the tax digest is submitted.
(3) The tax receiver or tax commissioner of
each county shall also enter the total assessed value of motor vehicle property
with the consolidation of all assessed values of taxable property on the
digest.
(4) The tax receiver or tax
commissioner of each county shall also enter the total assessed value of mobile
home property with the consolidation of all assessed values of taxable property
on the digest.
(5) The tax receiver
or tax commissioner of each county shall also enter the total assessed value of
timber harvested or sold during the calendar year immediately preceding the
year of the digest, with the consolidation of all assessed values of taxable
property on the digest.
(6) The tax
receiver or tax commissioner of each county shall also enter the total assessed
value of heavy duty equipment property with the consolidation of all assessed
values of taxable property on the digest.
Notes
Ga. Comp. R.
& Regs. R.
560-11-2-.21
O.C.G.A. Secs.
48-2-7,
48-2-12,
48-5-103,
48-5-108,
48-5-269.
Original Rule entitled
"Tangible Property Classifications - County Tax Digests" adopted. F.
Nov. 8, 1972; eff.
Nov. 28, 1972.
Repealed: New Rule entitled "Classification of
Tangible Property on County Tax Digests" adopted. F. June 9, 1989; eff. June 29, 1989.
Amended: F. Aug. 4,
1992; eff. Aug. 24,
1992.
Amended: F. Dec. 20,
2006; eff. Jan. 9,
2007.
Amended: F. May 9,
2011; eff. May 29,
2011.
