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

Show All Answers

1. How are property taxes Determined?
2. How are property taxes calculated?
3. How do I challenge the amount of my tax if it seems too high?
4. What is the notice I received from the Assessor and how does it relate to my taxes?