How are my property taxes calculated?

Your annual property taxes are determined by the following formula: Taxable Actual Value * Assessment Rate * Total of applicable Mill Levies = Tax Amount. The Assessor is only responsible for the valuation of your property, the Taxable Actual Value. If you disagree with the value of your property in the NOV, you may file an appeal. See “How do I appeal my value?” If you disagree with the value of your property in your tax bill, you will need to file a Petition for Abatement.  You can find more information on our Abatements page.

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1. Why did I receive a Notice of Valuation?
2. Is a Notice of Valuation a bill?
3. How are my property taxes calculated?
4. How does a value change affect my property taxes?
5. What is my “Schedule” or “Account” number?
6. How is property valued for taxation purposes?
7. Where can I find sales used from the data collection period?
8. A similar property in my neighborhood just sold for lower than the value of my property. Why isn’t that sale considered to adjust my value lower?
9. Why is my value higher than my neighbor’s if our properties are the same?
10. How do I know if my property has been correctly valued?
11. What is the Calculation Ladder?
12. How can I view the adjustments to the sales used to value my property?
13. I haven’t made changes to my property, but my value and taxes have gone up. Why?
14. My single family home shows the value split into a land value and an imp value. How is the value of the land determined?
15. Does my Notice of Value include the Senior or Veteran’s deduction?
16. What is “time trending” and how does it affect my property’s value?
17. Why doesn’t my Notice of Value have comparable sales listed?