How Taxes are Calculated


Taxes are calculated by taking your assessed value multiplied by the tax rate. The assessed value is 35 percent of the appraised value. 

Appraised Value $100,000  
        X 35 percent  x.35  
        = Assessed Value $35,000  
        X Effective Tax Rate/1000  x .0398           Effective Rate/1000
        = Full Year Tax  $1,393           Before any credits