What are the different types of levies?

Inside levies (Unvoted): Each taxing district can have up to 10 mills of unvoted millage. This millage moves in direct correlation with your property value. For example, if the value of your home increases 5%, the taxes on your inside millage will increase 5%. Fixed Sum Levies: Tax levies approved by voters to generate a specific amount of money. The two most popular fixed sum levies are emergency and a bond levy. In each case, the Budget Commission meets to determine the rate necessary to generate the amount of money that will comply with the levy requirements. Fixed Rate Levies: This type is the most common type of levy and must by approved by the voters. The levy only generates additional income if new construction occurs. If the value within a taxing subdivision's territory goes up due to a reappraisal, the tax rate is reduced so that it generates the same amount of money it did in the prior year. The effective rate can never be more than the voted rate. If the value increases due to new construction there will be additional tax revenue realized by the subdivision. The converse is also true.

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1. What period do my property taxes cover?
2. Is it true that a levy can be passed in November 2013 and be on my tax bill in 2014?
3. If my property value is decreased, does that mean I will see a reduction on my taxes?
4. How are tax rates determined?
5. What are the different types of levies?
6. Are there any tax reduction programs?
7. What is the effective tax rate?
8. Can you explain a taxing division?
9. What value does the county use to determine my taxes?