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How is the tax value and tax rate determined?

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How is the tax value and tax rate determined?

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The responsibility of the Tax Assessor’s Office is to determine the fair market value through market analysis in order to value all taxable property in the County. The total value of all the property in the County is called the tax base. Governing bodies from each jurisdiction adopt a budget. To determine a tax rate, the budget is then divided by their tax base. The tax rate is based on amounts per each $100 in value.

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The responsibility of the Tax Assessor’s Office is to determine the fair market value through market analysis in order to value all taxable property in the County. The total value of all the property in the County is called the tax base. Governing bodies from each jurisdiction adopt a budget. To determine a tax rate, the budget is then divided by their tax base. The tax rate is based on amounts per each $100 in value. When are tax bills mailed? Real Estate and Personal Property bills are mailed in August of each year. These bills are due on September 1st and are payable up to the interest date listed on your Tax Bill without interest. Registered Motor Vehicle tax bills are mailed monthly based on those vehicles registered with DMV four months prior. Payment for vehicle taxes is due upon receipt of the bill. Interest begins the month following receipt of your tax bill as noted by the “PAY BY DATE”. If taxes remain unpaid for four months after the tax bill is due, a block is placed on yo

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