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1. Why are my taxes so high?

If you are concerned about the amount of your tax bill but feel the value of your property is accurate, please contact your city council, school board, county commissioner or any other taxing authority that create budgets and set mill levies. The mill levy directly affects the amount of your property tax.

2. What is meant by “fair market value”?

Fair market value means the amount, in terms of money, that a well-informed buyer is willing to pay and a well-informed seller is willing to accept for the property in an open and competitive market, assuming that the parties are acting without undue compulsion.

3. What is the mill levy and how is it set?

The mill levy is the tax rate that is applied to the assess value. In general terms, the mill levy is determined by the diving the dollars need for local services by the taxable assessed value in the service area.

4. Will the value of my property change every year?

The value of your property may change each year; it is all dependent on market conditions, improvements to your property, etc. The County Appraiser continually updated sale prices and other information on properties throughout the entire county.

5. How does the county’s appraisal affect my taxes?

If your property value goes up, it does not necessarily mean you will pay more taxes. Likewise, if your property value goes down or does not change, it does not automatically mean you will pay less or the same amount of taxes. Changes in property taxes are based in large part on how much your local government decides to spend on services each year.

6. How do I calculate the property taxes on my property?

1. Looking at your notice of value, find the "appraised value" of your property. Multiply the appraised value by the "assessment percentage" for your property.
   • [Appraised Value] times [Assessment Percentage] equals [Assessed Value]
2. Multiply the assessed value by your "mill levy" and then divide by 1,000 to estimate the property tax you owe.
   • [Assessed Value] times [Mill Levy] divided by 1,000 equals [Tax Bill]

Contact the County Clerk to find out your mil levy.