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I want to know how will my taxes changes as a result of the new assessment? (Assessor's Office - General)
Though the value of your property affects your share of taxes, the actual amount you pay is determined by the budget needs of the schools, city, county, sewer district, technical college, and state reforestation.
All of these taxing units decide what services they will provide in the coming year and how much money they will need to provide those services. Once this decision is made, a tax rate is adopted what will generate the needed dollars.
Your property taxes are then determined by multiplying the tax rate by your assessment.
(Tax Rate 1000) X Assessed Value = Taxes
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