Quick Guide to Property Taxes
The Department of Revenue is responsible for ensuring that all property in the state is treated fairly. The department's duties include the appraisal, assessment and equalization of the value of all property in the state for the purpose of taxation.
Most real estate, improvements, and personal property are appraised by Department of Revenue employees in regional offices. The department maintains a presence in each county.
Property owned by companies that is single and continuous and is in more than one county (such as railroads, telecommunications, electric utilities and pipelines) is centrally assessed by the Department of Revenue. The valuation is apportioned to counties and other jurisdictions on a mileage basis, or on another basis determined to be "reasonable and proper."
The rate of tax on the various classes of property and the establishment of the actual classes is a function of the legislature. There are currently twelve classes of property. Local governments determine the mill levy requirements for each taxing jurisdiction. These mill levy requirements include state mills. Using those mill levy determinations, Department of Revenue staff calculate the property tax liability for each property including special district fees and charges.
Understanding Property Taxes Information Sheet - General Tax
Understanding Property Taxes Information Sheet - Where Taxes Go
Understanding Property Taxes Information Sheet - Tax Relief
Understanding Property Taxes Information Sheet - Reappraisal
Understanding Property Taxes Information Sheet - Appeal Process
Last updated 5/13/2011 9:57:06 AM