Government » City Departments » Assessing

Compute Your Property Tax

Font Size: + -
Share & Bookmark, Press Enter to show all options, press Tab go to next option
Print
Calculating Property Tax*


Market Value X Taxable Ratio = Taxable Value
Taxable Value X 2025 Mill Rate** = Gross Tax Estimate

Gross Tax Estimate = Tax Bill.

The market value of the property is the Appraised Value.  The Taxable Ratio is set by State Law at 4.5% for residential & 5.0% for commercial.  The 2025 Mill Rate is 343.11.

 

For example, a residential property with a True & Full Value of $100,000.

$100,000 X 4.5% = $4,500

$4,500 X .34311 (2025 Mill Rate) = $1,544

 

*This information is for reference only and should not be taken to be the exact values. This amount does not include any unpaid special assessments. For more detailed information, please contact the Assessing Department at 746-2611.


**The Mill Rate, when used as a multiplier, requires moving the decimal point. The decimal point is moved three places to the left. (This is similar to moving the decimal point two places when multiplying by a %.)

Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.

Acrobat Reader Download Acrobat Reader Windows Media Player Download Windows Media Player Word Viewer Download Word Viewer Excel Viewer Download Excel Viewer PowerPoint Viewer Download PowerPoint Viewer