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How does the Skagit County Treasurer Compute taxes on the leasehold property/homes?

April 26, 2017compute County homes leasehold Property skagit taxes treasurer

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How does the Skagit County Treasurer Compute taxes on the leasehold property/homes?

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The Skagit County Assessor considers two components to the assessed valuation of your property/home: Land Value and Building Value. On leased land in Divisions 2 through 5, the Assessor’s Statement of Value will include a Land Value for information purposes, however, the Skagit County Treasurer computes taxes only on the Building Value basis.