What is the effective tax rate?
The effective tax rate is the rate at which your taxes are calculated. It is arrived at through a complex mathematical formula. The goal of the formula is to prevent changing the tax revenue generated by a political subdivision simply because the value of property has increased or decreased due to market conditions.

The thought process behind this is that when you vote on a levy, you are voting to give the political subdivision a certain amount of money. If values of real estate change due to market conditions, the taxes should not necessarily change with them. In other words, just because your property value went up 10% does not mean it costs 10% more to provide fire service to your property.

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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?