Tax Authority

This section of the Property Tax Statement describes the tax amounts computed for each Tax Authority associated with your property. A Tax Authority is an organization entitled to receive tax revenues for services provided during the tax year. Examples are schools, fire districts and county agencies such as libraries and social services.

There are three columns of information: Tax Authority, Tax Levy and Tax Amount.

Tax Authority.
This is the name, or abbreviation, of the Tax Authority.

View a list of the tax authorities.

Tax Levy.
This is the amount of dollars per one thousand dollars of valuation for assessment of your property. Your assessed valuation is displayed on the left side of the tax statement in the "Property Valuation" section.

Tax Amount.
The number in this column states the amount,  in dollars,  of   tax for the corresponding tax authority. This is computed by multiplying the Tax Levy against the Assessed Value of the property (as stated in the Property Valuation section of the tax statement).

The amount of taxes payable annually on a property is the result of the  assessment process and the total mill levies for the taxing authorities that provide public services.

• The County Assessor establishes the value of all property for tax purposes.
• The taxing authorities use the assessed value to determine their mill levies. A mill is 1/10th of a penny or $1.00 revenue for each $1,000 of assessed valuation. Information concerning the tax levy can be obtained by contacting the governing boards of the taxing entities.
• The actual value as determined by the assessor is multiplied by a rate set by the legislature to arrive at an assessed value.
• The actual tax amount due is calculated by multiplying the assessed value by the tax mill levy for each taxing authority within the tax district.

Sample tax calculation:
Actual value: $150,000
Assessment rate .0974
Assessed value = 14,610 (150,000 X .0974)
Tax district mill levy 91.2120
Amount of taxes =1,332.61 (14,610 X .091212)

Last Modified: Mar 28, 2009 10:18 PM