Estimate Bill

How to Calculate an Estimated Tax Bill

Below you will find the formula for calculating an estimated tax bill:

Final Equalized Assessed Value
Less Any Exemptions
Equals Total Taxable Assessment
Multiplied by Tax Rate from Last Tax Bill
Equals Estimated Tax Bill

You should check your most recent tax bill to see which exemptions apply.

Most Recent Tax Rates:

11.788% properties that reside in District 6 for schools (Zion Elementary)
10.713% properties that reside in District 3 for schools (Beach Park Elementary)

Examples: 40,000 Final Equalized Assessed Value
-6,000 General Homestead Exemption
34,000 Total Taxable Assessed Value
X 11.788% Most Recent Tax Rate (Zion Elementary Schools)
$ 4,007.92 Estimated Tax Bill

Examples: 40,000 Final Equalized Assessed Value
-6,000 General Homestead Exemption
34,000 Total Taxable Assessed Value
X 10.713% Most Recent Tax Rate (Beach Park Schools)
$ 3,642.42 Estimated Tax Bill

Please keep in mind, in times of decreasing assessed valuations, tax rates are likely to rise from previous years.