What Is Tax Rate?

Definition
The rate set by each taxing entity (school district, city, county, special districts) and applied to your property's assessed value to calculate your annual tax bill. Tax rates are expressed as a dollar amount per $100 of assessed value.

Why This Matters for Your Protest

While you cannot protest your tax rate (it is set by elected officials), understanding it helps you calculate the real dollar impact of a protest. For example, if your combined tax rate is $2.50 per $100 and you reduce your assessed value by $20,000, you save $500 per year. Knowing your rate lets you decide whether a protest is worth the effort.

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