
Speaker B
171:46 - 172:20
"In the 2025 assessed values listed here, $388,087 is your average value. Mill rate area-wide, 8.485. So the total tax paid would be $3,292. If you take 6.5% into that, you find out that you have to spend about $50,646 to meet the same tax you would pay for the property."
“In the 2025 assessed values listed here, $388,087 is your average value. Mill rate area-wide, 8.485. So the total tax paid would be $3,292. If you take 6.5% into that, you find out that you have to spend about $50,646 to meet the same tax you would pay for the property.”
So I'm going to go over an example right here real quick, and I'll be real quick about it. So in In the 2025 assessed values listed here, $388,087 is your average value. Mill rate area-wide, 8.485. So the total tax paid would be $3,292. If you take 6.5% into that, you find out that you have to spend about $50,646 to meet the same tax you would pay for the property.