The General Tax Rate is a multiplier for use in determining the amount of tax levied upon each property. It is expressed as $1 per $100 of taxable assessed value. This rate is used to compute the tax bill.
Example General Tax Rate:
Assessed Value
150,000
x General Tax Rate
.03758
Tax Bill
5,637
The Effective Tax Rate is a statistical study that enables the comparison of one district to another district (based on the assumption that all districts are at 100% valuation). This rate is NOT to be used to compute the tax bill.
