How will my taxes change as a result of the new assessment?

Your share of taxes are affected by the value of your property, but the actual amount you pay is determined by the budget needs of the school, county, village, technical college, and state. Once these needs are determined, a tax rate is adopted (usually in early December) and will generate the needed dollars. Your property taxes are calculated by multiplying the tax rate by your assessment.

Show All Answers

1. What is a revaluation?
2. What is the assessor's role?
3. How does the assessor value property?
4. What is market value?
5. Can the assessment on my property be changed even if the assessor has not been inside my property?
6. I have recently built a new home. Will the construction costs be considered?
7. What will happen to my assessment if I improve my property?
8. Will my assessment go up if I repair my property?
9. How can my assessment change when I haven't done anything to my property?
10. Do all assessments change at the same rate?
11. Will I be notified if there is a change in my assessment?
12. How do I know if my assessment is correct?
13. What if I don't agree with my assessment?
14. After this review, if I still think the assessment is incorrect, what can I do?
15. What is the Board of Review?
16. What happens after the Board of Review makes its decision?
17. How will my taxes change as a result of the new assessment?