- Tax Authority Distributions
Tax Authority Distributions
A tax authority is an organization entitled to receive tax revenues for services provided during the tax year. Examples are schools, fire districts and county agencies, such as libraries and social services.
One section of the property tax statement describes the tax amounts computed for each tax authority associated with your property. The statement includes three columns of information titled Tax Authority, Tax Levy and Tax Amount.
Taxing authorities that need to add or change tax distribution ACH information, please print and complete the Tax Distribution ACH Enrollment Form (PDF). Mail or fax completed form to the Treasurer's office.
The name or abbreviation of the tax authority (SCHOOL, SOC SRVCS, LIBRARY, etc.)
View a list of the tax authorities on the Treasurer's property records search application.
This is the amount of dollars per $1,000 of valuation for assessment of your property. Your assessed valuation is displayed on the left side of the tax statement in the “Property Valuation” section.
The number in this column shows the amount, in dollars, of tax for the corresponding tax authority. This is computed by multiplying the tax levy with the assessed value of the property (as stated in the “Property Valuation” section of the tax statement).
The assessor establishes the value of all property for tax purposes. Taxing authorities use the assessed value to determine their mill levies. A mill is 1/10 of one cent, or $1 of revenue for each $1,000 of assessed valuation. You may obtain information about the tax levy by contacting the governing boards of the taxing entities.
The actual value, determined by the assessor, is multiplied by a rate set by the legislature to arrive at an assessed value. The actual tax amount due is calculated by multiplying the assessed value by the tax mill levy for each taxing authority within the tax district.
Calculate Your Property Taxes
- Actual Value x Assessment Rate = Assessed Value
- Assessed Value x Mill Levy = Taxes
Example Using a $300,000 Residence and 100 Mills Levy
- $300,000 X 7.15% = $21,450
- $21,450 X 0.100 = $2,145.00 total taxes
If the total mill levy is 100 mills and using the residential assessment rate of 7.15% and a non-residential assessment rate of 29%, annual taxes would be:
- For residential property - $7.15 per $1,000 of value.
- For non-residential property - $29 per $1,000 of value.
However, taxes for like-valued properties will vary based on the specific mill levy for the tax district where the property is located.