How is my tax bill calculated?
Once the property owner and the Board of Assessors have come to terms with an appropriate value, this value is provided to the tax commissioner for tax bill calculation. To calculate a tax bill, you must first deduct any exemptions that may apply from the assessed value; thus generating a net assessed (taxable) value. Next you multiply the net assessed value by the millage rate.

Show All Answers

1. What is property taxation?
2. What property is taxed?
3. Who decides how much my property is worth for tax purposes?
4. What if I disagree with the Tax Assessors' value?
5. What is the difference between fair market value and assessed value?
6. What is a millage rate?
7. How is my tax bill calculated?
8. What is the HTRC credit on my tax bill?
9. When is my tax bill due?
10. Is there anyway to reduce my tax bill?
11. What is and how do I file for homestead exemption?
12. Where do I get a copy of my warranty deed?
13. Do I pay taxes on my mobile / modular home?
14. Where do property tax dollars go?