What is a Levy Rate?
There are a number of different taxing districts in a jurisdiction, each with a different levy rate. Each year the county auditor determines for that district, a levy rate that will yield enough money to fund the different entities in that district. The entities include local schools, counties, cities, townships, community colleges, local assessors, and others. Since more than one taxing authority is calculating a tax rate for the property, all the rates are added together, resulting in a single tax levy called a consolidated levy. This consolidated levy is always the result of two or more tax rates established by different government entities.

Show All Answers

1. What is classification?
2. When are assessment notices mailed?
3. How is my property value determined?
4. What if I disagree with the assessed value of my property?
5. My assessment has not changed, so why have my property taxes increased?
6. What is taxable value?
7. What is a rollback?
8. What is a Levy Rate?