Prepared - 4/2/2020

Calculation of Homeowner Cost
General Fund Other Funds All Funds
Estimated Sales Price for Home $200,000 $200,000 $200,000
Less Homestead Exemption $20,000

not applicable

 

Adjusted Sales Price $180,000 $200,000  
Times Assessment Ratio - Residential 11.5%

11.5%

 

Equals Assessed Valuation $20,700 $23,000  
Times Mill Rate (per $1,000) 20.000

32.121

52.121

Total Local Tax $414.00 $738.78 $1,152.78