| Jurisdiction | 2008 Rate | 2009 Rate | 2010 Rate | 2011 Rate | |
| 1 | Lee County Incorporated | 12.766 | 12.766 | 12.766 | 12.766 |
| 2 | Lee County Unincorporated | 12.766 | 12.766 | 12.766 | 12.766 |
| 3 | Lee County School System | 15.400 | 15.400 | 15.400 | 15.400 |
| 4 | State Government | 0.25 | 0.25 | 0.25 | 0.25 |
| 5 | City of Leesburg | 6.000 | 6.000 | 6.000 | 6.000 |
| 6 | City of Smithville | 4.000 | 4.000 | 4.000 | 4.000 |
Residential Taxes
Residents living in the unincorporated area of the county will have a 2011 millage rate of 28.416 mills. This is the total of 2, 3, and 4 in the above chart.
Residents living in the City of Leesburg will have a 2011 millage rate of 34.416 mills. This is the total of 1, 3, 4, and 5 in the above chart.
Residents living in the City of Smithville will have a 2011 millage rate of 32.416 mills. This is the total of 1, 3, 4, and 6 in the above chart.
Once a resident has used the table above to calculate their 2011 millage rate on a piece of property, it is possible to estimate the taxes owed. First the millage must be divided 1000. For example those living in the unincorporated areas of the county will take the 28.416 mills deduced from the table above and divide it by 1000 (or simply move the decimal three places to the left) so that it is expressed as .028416.
To estimate the tax bill simply multiply your assessed property value (property is assessed for taxes at 40% of the fair market value on file in the Tax Assessor's Office) by .028416 (if in the unincorporated area of the county, those residents living in the cities should use the millage rate appropriate for them). The following is an example based on a home with a fair market value of $100,000 located in the unincorporated area of the county without a homestead exemption.
Ad Valorem Tax Example
Based on a $100,000 dwelling
| 2008 Rate | 2009 Rate | 2010 Rate | 2011 Rate | |
| 100% Fair Market Value | $100,000 | $100,000 | $100,000 | $100,000 |
| Assessed Value (40% Fair Market Value) |
$40,000 | $40,000 | $40,000 | $40,000 |
| Millage Rate (Unincorporated Area) |
0.028416 | 0.028416 | 0.028416 | 0.028416 |
| Total Ad Valorem Tax | $1,136.64 | $1,136.64 | $1,136.64 | $1,136.64 |
Businesses Taxes
Businesses in Lee County are subject to real property taxes (ad valorem) and sales taxes.
Real Property Tax Example
Based on a $1,000,000 property
| 100% Fair Market Value of Building & Land | $1,000,000 |
| Assessed Value (40% Fair Market Value | $400,000 |
| Millage Rate for Unincorporated Area | 28.416 mills (or 0.028416) |
| Total Property Tax for 2011 | $11,366.40 |
Business Property Taxes
This tax uses the same millage rate and computation as the real property tax listwd above.
Business Personal Property Tax Example
Based on a $1,000 property
| 100% Fair Market Value of Building & Land | $1,000 |
| Assessed Value (40% Fair Market Value | $400,00 |
| Millage Rate for Unincorporated Area | 28.416 mills (or 0.028416) |
| Total Property Tax for 2011 | $1,136.64 |
Sales Tax
Lee County has a 7% sales tax distributed as follows:
4% is allocated to the state
1% is allocated to Lee County's Local Option Sales Tax (LOST)
1% is allocated to Lee County's Special Purpose Local Option Sales Tax (SPLOST)
1% is allocated to Lee County's Board of Education SPLOST