St. James Parish Assessor Glenn Waguespack

Assessment Examples

Example # 1
$ 100,000	Fair Market Value	The assessor of the parish determines
-75,000	Homestead Exemption	fair market value. You can say that the
$ 25,000	Taxable Value	assessor of the parish is the chief
x 0.10	Level of Assessment	appraiser for the parish.
$ 2,500	Assessed Value
x .11299	Millage or Tax Rate
$ 282.48	Tax Bill

Example # 2
$ 125,000	Fair Market Value	In Example # 2, the tax bill doubles because
- 75,000	Homestead Exemption	the homestead exemption is still $75,000.
$ 50,000	Taxable Value	This makes the assessed value double.
x 0.10	Level of Assessment	In this case, just $25,000 of value makes
$ 5,000	Assessed Value	the tax bill double.
x .11299	Millage or Tax Rate
$ 564.95	Tax Bill

Example # 3
$ 150,000	Fair Market Value	Mills means thousandths or --- .11299
-75,000	Homestead Exemption	or --- $112.99 per $1000 of Assessed Value or
$ 75,000	Taxable Value	simply --- 11.30%
x 0.10	Level of Assessment
$ 7,500	Assessed Value	For every $25,000 of value the tax bill
x .11299	Millage or Tax Rate	increases by $282.48
$ 847.43	Tax Bill

Fair Market Values above the $75,000 Exemption

$ 5,000	$ 56.50	If your home is valued at $75,000 or less
$ 10,000	$ 112.99	your tax bill will be $0.00.
$ 15,000	$ 169.49
$ 20,000	$ 225.98
$ 25,000	$ 282.48	St. James Parish Assessor's Office
$ 30,000	$ 338.97	P.O. Box 55
$ 35,000	$ 395.47	Convent, LA 70723
$ 40,000	$ 451.96
$ 45,000	$ 508.46	Glenn M. Waguespack
$ 50,000	$ 564.95	225-562-2252
$ 55,000	$ 621.45	mail to:sjpassr@stjamesla.com
$ 60,000	$ 677.94
$ 70,000	$ 790.93
$ 75,000	$ 847.43
$ 80,000	$ 903.92	Town Taxes Tax Rate 0
$ 85,000	$ 960.42
$ 90,000	$ 1,016.91	Town Tax Bill --- $ 0
$ 95,000	$ 1,073.41	Parish Tax Bill --- $ 847.43
$ 100,000	$ 1,129.90