Sentences with phrase «of assessed property value»

Currently, SCHE and DHE provide a property tax exemption of 50 percent of the assessed property value for senior and disabled homeowners making up to $ 29,000 per year, with homeowners making up to $ 37,400 receiving a smaller exemption on a sliding scale.

Property tax burdens were recalculated as effective rates, based on OSC estimates of assessed property values converted to full value based on equalization rates.

It reduces the tax rate to $ 5.13 per $ 1,000 of assessed property value over last year's $ 5.23.

Voters in the Mountain View - Whisman School District in Mountain View, California, will go to the polls June 3 to vote on a new five - year tax of 5 cents per square foot of assessed property value, a levy called a parcel tax.

As a result, and because of new limits established by the state Legislature, most local school districts are asking voters for the same $ 1.50 levy rate for every $ 1,000 worth of assessed property value.

School officials are asking voters to approve a capital levy of $ 1.25 per $ 1,000 of assessed property value for three years.

Rising property values: As property values rise across the county and new construction puts high - value properties on the tax rolls, the county has been able to reduce the tax rate — the amount of money the county charges for every $ 1,000 of assessed property value — and still collect more tax money overall.

The proposed tax rate would go up 16 cents for every $ 1,000 of assessed property value, translating to about an extra $ 15 tacked onto a homeowner's bill.

The mill rate represents the amount per $ 1,000 of assessed property value that's used to calculate local property tax rates.

A second measure also signed into law last week sets a penalty — a 10 percent income - tax surcharge — on taxpayers in districts where voters reject the minimum tax rate of $ 25 per $ 1,000 of their assessed property value.

School officials are also asking for a six - year capital levy that would add an additional 40 cents per $ 1,000 of assessed property value.

Even with the higher state tax rate, local taxpayers will be paying about $ 1.60 less per $ 1,000 of assessed property value, Anderson said.

Schools officials also want voters to approve a three - year capital levy, which would add $ 1 per $ 1,000 of assessed property value, to replace an existing capital levy.

That means state property taxes are going up, from $ 2 per $ 1,000 of assessed property value to $ 2.46, associate superintendent Mark Anderson said.

School officials also want voters to approve a four - year capital levy, which would add 80 cents per $ 1,000 of assessed property value, that would pay for installing security cameras and entry controls.

The capital levy rate would add an additional $ 1.43 for 2019 and $ 1.28 for 2020 per $ 1,000 of assessed property value.

Disabled Veterans as well as the surviving spouses of disabled veterans may be eligible to receive exemptions of up to $ 150,000 of assessed property value.