‘I was in shock’: Higher property values means higher taxes for El Paso County homeowners

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This appraised value is the number added to the total county property values to determine the Mill Levy, and it is the value that will be used to determine your taxes. For example, a homeowner with property valued at $100,000 in an area with a 1.5% tax rate will pay $1,500 in annual property taxes.

‘I was in shock’: Higher property values means higher taxes for El Paso County homeowners COLORADO SPRINGS, Colo. (KKTV) – Many homeowners are scrambling to budget more money after a sharp increase.

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Assessor Frequently Asked Questions.. IF MY PROPERTY VALUE HAS INCREASED, WILL MY PROPERTY TAXES GO UP? If your property value has increased, that does not automatically mean that your property tax will go up by the same percentage. THE ASSESSOR DOES NOT SET PROPERTY TAXES OR MILL LEVIES.

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‘I was in shock’: Higher property values means higher taxes for El Paso County homeowners "We’re in this together" County Assessor Steve Schleiker says The El paso county assessor said most property values went up 20-25 percent, meaning homeowners will be paying higher property taxes in the future. 05/07/2019

Property Tax Issues Revenue and Appraisal Caps Impacts on Local Governments Edward A. Dion El Paso County Auditor January 9, 2013 1 Local Government Taxation Texas Constitution, Art. 3, Sect. 56 (a) "The Legislature shall not except as otherwise provided in the Constitution, pass any local or special law, regulating

City of El Paso addresses why property tax rate continues to remain high. But, the city says many of the properties in El Paso are given lower values than what they are actually worth by the CAD. So the tax rate is higher than in other cities because the low-valued properties aren’t producing the tax revenue they should be.