Tax Impact Calculator

The new overall tax rate (including the recently passed Levy, would be 0.00345, or a total of $345/year per $100,000 is assessed property value. This is lower than rates in 2015, 2016, 2017 and 2018.

The calculator below provides the approximate tax impact of the proposed bond on the taxes you pay to support your school district. This means, the difference between the taxes collected in 2019 and the anticipated taxes for 2020. Example: The Smith Family, in 2019, paid $283.49 for school taxes based on their property with a net taxable property value of $100,000. The tax rate in 2019 was 0.00283486. If the bond passes in August, the new tax rate of 0.00345 will mean that the Smith Family will pay approximately $345 in taxes in 2020; or in other words, an increase of $61.51 annually or $5.13 monthly. This assumes that their property maintained the net taxable property value of $100,000.

Step 1: Obtain a copy of your current tax statement.

sample property tax statement

Step 2: Input your "Net Taxable Property Value" in the calculator below. The yearly and monthly impact below show the amount that your taxes will increase as compared to the previous year. This assumes your assessed property value has not changed."

(1) Net Taxable Value of your property is provided by the Madison or Fremont County Assessor’s office.  The valuation can be found on your tax statement from the County.  This is applicable for both residential properties and agricultural land owners.

(2) Each owner-occupied primary residence (house or manufactured home) and up to one acre of land is eligible for a homeowner’s exemption.  This exemption allows 50% of the value of a home, including up to one acre of land, to be exempted, up to a maximum exemption amount of $100,000 for Tax Year 2019 and after.