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Am I correct in multiplying the amount due in August by 4 to calculate my annual tax?
No, that would be a mistake. Because the budgets for the school, county and municipality are not finalized until the middle of the second quarter, any tax increase for the year is reflected in the final two quarters. Read more about calculating annual taxes online.

Show All Answers

1. Why did we go through this revaluation?
2. Why are the tax bills marked estimated?
3. Am I correct in multiplying the amount due in August by 4 to calculate my annual tax?
4. Why wasn’t the assessed value of all houses increased by the same amount?
5. I thought the revaluation would not affect the taxes on my home but it has. Why is that?
6. What can I do if I believe that the revaluation of my home is too high?
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