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Assessing
Overview ~ Assessing Terms ~ Assessing, Building and Tax Information ~ Forms  
Homeowner's Principal Residence Exemption ~  Industrial Tax Abatements  
Personal Property ~ Property Transfer Affidavit ~ Residential Appraisals ~ Statistics

Assessing Terms

True Cash Value: The estimated market value of your property.

Assessed Value: One half of the true cash value.

Taxable Value: The value capped by Proposal A that is multiplied by the millage rate to calculate your tax bill.

One mill: One dollar per thousand dollars of taxable value.

Principal Residence Exemption: An 18 mill reduction in property taxes on your primary residence and any contiguous vacant parcels you own.

Property Record Card: Contains owner name and address, legal description, sales history, assessment history, picture of home, building sketch with square footage and other value-enhancing amenities.

 

 

 

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