The tax rate is established initially by a vote of the residents within the boundaries of the taxing subdivision. Property tax rates are monitored and approved annually by the State Auditor. Examples of these taxing subdivisions would include public schools, fire districts, library district, ambulance district and cities.
Also, your taxes may increase because:
- Your rates are determined by the voters and may have increased.
- Values are determined by the assessor per NADA - & may have increased.
- You have a new vehicle