How does the tax rate affect me?

It's not bad - promise! Here's an example below:

Your home is valued at $150,000. Your current CITY tax portion is: $782.55. Increasing the tax rate by three pennies will change that to $827.55, or $45 more per year. Breaking that down weekly, is 0.87 cents in increase.

Of course, that example is only for a $150,00 home. You'd have to calculate for any other value.

Show All Answers

1. How long has it been since the tax rate has changed?
2. What's the current tax rate?
3. Why is a tax increase necessary?
4. How will raising the tax rate help?
5. What's the difference between M&O and I&S?
6. How does the tax rate affect me?