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Tax Rate
December 18, 2013 · 0 Comments
Averages don’t mean much. Across the county, the average assessment grew by 2.5 per cent but some municipalities had a lower average increase and some had higher. And then, there were individual difference within the municipalities.
To obtain the individual tax impact for county purposes on each residence, the tax rate must be applied to the assessed value. For 2014, the rate is 0.395404%, down from 2013 when it was 0.398780. The decrease in the rate for county demands is attributable to the 2.5% assessment growth.
When applied to assessment, the tax rate works out to $395.40 per $100,000 assessment.
By Wes Keller
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