The Simple Levy Process

The levy process has two players:

  • The TAXPAYERS (i.e. You, Me, ABC Company, Bits & Bytes Inc, etc)
  • The TAXING DISTRICTS (i.e. Fire Departments, Schools, Cities, County, Roads, etc)

We only need to know one piece of data from each player:

  • From the Taxpayer - The VALUE of their property
  • From the Taxing Districts - Their BUDGET

With this information, the basic levy process is relatively simple: The amount of money needed for the taxing district's budget is divided by the taxable value of all the property in the district. This equals the levy rate (or tax rate) for that district.

  • Taxing District Budget ÷ Property Value in the District = The Levy Rate

Each taxpayer then pays taxes on the value of the property they own based on the levy rate for their district. Every property within a district must be assessed at the same levy rate as all properties within that district.

  • Value of Parcels in District x The Levy Rate = Amount of Tax Due

The taxes are then collected by the County Treasurer's Office and distributed to the taxing districts.