How Property Taxes are Calculated

 Your property taxes are determined by multiplying the tax rate (set by local government taxing entities) by the assessed or taxable value of your property.

Current Year Actual Values

The current year actual value of property is determined by the assessor and a notice of valuation is sent to the property owner. If the property owner disagrees with the assessor's actual value, the owner may appeal that valuation. The actual value after appeals have been determined is the actual value of the property used for property tax purposes. For a detailed description about how the Assessor determines current year actual values, see our assessment process information.