Tax Savings Example

Current Assessed Value:
Residential Assessment Rate:
Tax Assessed Value:
Tax Rate:
Taxes Due:


Actual Value:
Residential Assessment Rate:
Tax Assessed Value:
Tax Rate:
Taxes Due: $2,705.88


$525,000
.0796
$ 41,790
.075541
$3,156.85


$450,000
.0796
$ 35,820
.075541
$2,705.88



NET TAX SAVINGS PER YEAR: $450.97