Why do my property taxes sometimes change?

Several factors may affect property taxes. The most common factors are changes in the market value and changes in the mill levies.

Property value changes may be a result of market trends, condition of the property, or remodeling and/or additions to the property.

Mill levy changes are determined annually by each political subdivision (city, county, school district, park district). These mill levies are then applied to the value of each property based on taxable value.

If your property is currently valued at or near market value, you should expect little or no change in the true and full value of your home. However, the property taxes you pay may also be affected if the mill levy changes as determined by the city, county, school district, or park district.

Show All Answers

1. What is Market Value, Assessed Value, and Taxable Value?
2. Who performs the appraisals?
3. What is the purpose of an on-site review?
4. What is the benefit of having an on-site review performed?
5. Why do my property taxes sometimes change?
6. When do any changes take effect?
7. How do I calculate property taxes?
8. What is the mill levy?