On top of the Ad calorem tax, which is 1.2125% in Piedmont, there is a fixed & Special Assessments which amounts to about $3,000 in my 2009-2010 Tax Statement. About $2,000 goes to the school and the other $1,000 goes to sewer, water, municipal services and more.
Remember that your first Property Tax Statement will most likely still has the old valuation(ie, what the previous owner was taxed on). It takes the county a good 6 months to update their records. Once they update their records with your purchase price, they will send out a "Supplementary Tax Statement", asking you to pay up the difference! =)
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