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License Vestavia  Form

License Vestavia Form

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Instructions and help about business license vestavia

[Music] my name is Karen Odle with the Festiva Hills Chamber of Commerce I'm here with Katie Woodruff also with the chamber and we're going to talk about taxes today there are two types of taxes that we primarily use one is sales tax and the other is at valorem tax when you own a home in Vestavia Hills you pay a millage ranked for your property tax our millage rate of Vestavia Hills is 0.92 6% so what that means if you have a $400,000 home it's assessed at 10% of that value which would be $40,000 you would then take that $40,000 and multiply it times our millage rate and that would give you paying about $3,700 a year most of it goes to the city schools people think because they pay a lot for their home property tax why's that the city gets that money but over half of it goes to the schools for our great school system how much goes to the city Katie about 20% Wow that's not a whole lot Oh the city uses our taxes for funding police fire the library

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