Why would my taxes change?

There are a number of reasons why your taxes would change now with the passage of the tax cap law. They change when either your tax rate changes or your assessed value changes. Your assessed value can change because of a boundary change, new construction, change in use, or reappraisal. Your value can even remain stagnant from one year to the next and your taxes can still increase! Here's how: If your property increases by 15% one year but your property is capped at 3%, the taxes can increase 3% per year until all 15% of the taxes for the next five years are captured. For further explanation, contact the Assessor's Office.

Show All Answers

1. I received a Deed Processing Notice. What am I supposed to do?
2. What is the responsibility of the Assessor´s Office?
3. Why have values increased in such a poor economy?
4. What is this assessment card I get in the mail in December? What does it all mean?
5. Who determines the tax rate?
6. Who collects taxes?
7. What is the difference between the “appraised” and the “assessed” value of property?
8. Why would my taxes change?
9. What is factoring?
10. How often would my value change?
11. How does my assessed value relate to market value?
12. How can my taxes be increasing when values are dropping ?
13. What if I don't agree with my assessed value?
14. What statutes govern the Assessor's Office?