How are property taxes assessed?
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Works at Apple, Lives in Cupertino, CA
To calculate the tax on your property, multiply the ASSESSED VALUE by the TAX RATE. Assume you have a house with an APPRAISED VALUE of $100,000. The ASSESSED VALUE is $25,000 (25% of $100,000), and the TAX RATE has been set by your county commission at $3.20 per hundred of assessed value.
2023-05-15 23:45:06
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Benjamin James
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To calculate the tax on your property, multiply the ASSESSED VALUE by the TAX RATE. Assume you have a house with an APPRAISED VALUE of $100,000. The ASSESSED VALUE is $25,000 (25% of $100,000), and the TAX RATE has been set by your county commission at $3.20 per hundred of assessed value.