How are my property taxes calculated?
Your property taxes are calculated by multiplying the taxable value by the levy rate for the area that the property is located divided by $1,000.

Taxable Value = $250,500
Levy Rate = 12.49655
$250,000 X 12.49655 = $3,130,385.78 divided by $1,000 = $3,130.39

The other item that is taken into consideration when your property taxes are calculated is whether or not you have some type of exemption.

Show All Answers

1. When are property tax statements sent to taxpayers?
2. When are property taxes due?
3. Why did I receive my property tax and assessment statement when my mortgage company pays them?
4. Do you accept postmark as the date of payment?
5. What happens if I don’t make my payment on time?
6. Is there a drop box for property tax payments?
7. Can I pay my taxes with a credit or debit card?
8. How are my property taxes calculated?
9. How do I make a taxpayer name or address change?
10. Why haven’t I received my property tax statement?
11. What happens if both my mortgage company and I pay my taxes for my property?
12. What can I do if the “situs/location” address is incorrect on my tax statement?
13. How do I protest my taxes?
14. What are personal property taxes?
15. I am delinquent on my personal property taxes. Why are they treated differently than my real property taxes?