What role does the annual assessment of my property play in determining my property taxes?
Your assessment represents the proportionate share of the total value of all assessments in a taxing jurisdiction in which you own property, such as a school district. Your proportionate share of the total assessed value determines the share of taxes you will pay to the school district. The same principle holds true for taxes to the County, Town, and special taxing districts. Assessments simply determine how the tax levy will be apportioned among all of the property owners in a taxing jurisdiction.

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