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1. How are property taxes Determined?

Each property is appraised to find it's market value. All values within a taxing district (school, city, etc.) are summed. Homeowners (and other) exemptions are subtracted. The tax district determines it's budget by subtracting other revenue sources.

School Levy Example

• Budget = Levy $101,869,389 = 8137568
• Value $12,518,406,774

2. How are property taxes calculated?

Levies for taxing districts serving your property are added together:

• County: 0.002743664
• School: 0.008137568
• City: 0.005811937
• Special Districts (highway, etc.): 0.001004090
• 0.017813729

The total of these levies is multiplied by your taxable value to determine your tax:

Levy = .017813729 = 1.7813729 %

• House Value: $82,000
• Lot Value: $20,000
• Total Value: $102,000
• Minus Homeowner's Exemption: ($41,000)

$61,000 X 1.7813729% = $1,086.64 tax

3. How do I challenge the amount of my tax if it seems too high?

You may appeal the taxable value of your property only during the month after you receive your assessment notice in May. If you do not appeal the current year assessed value in May or June, you must wait until the next year. If you feel that the levy of a taxing district is too high or have questions regarding the district function, call the district directly. You can have input regarding the annual levy rate of a taxing district by attending the annual budget hearing.

4. What is the notice I received from the Assessor and how does it relate to my taxes?

Assessment notices are issued to inform you of the value of your property. Pay close attention to the assessment notice, as the value listed will be used in calculating your tax bill. Instructions for the appeal are on the back of the assessment notice. Appeals must be filed no later than the 4th Monday in June. For more information you can contact the Assessor's Office at 208-644-2740.