Understanding Property Taxes
The assessment process is the basis for developing property values and is the tool for equalizing the distribution of the tax burden.
The County Appraiser is responsible for discovering, listing and valuing all property within Dickinson County in an equal and uniform manner. Each year the Appraiser must review recent real estate sales and consider local economic conditions in determining the “fair market value” of the property, as it exists January 1st.
Why Do County Appraisers Appraise Property?
Each Year the cost of local services is spread across the value of taxable property (Local budgets / assessed value of taxable property = mill levy). The statewide school mill levy is 20 mills ($20 for every $1000 assessed value). County appraisers are responsible for uniformly and accurately valuing all property each year. That way, all citizens fairly share in supporting the cost of local services. Local services include police and fire protection, roads, parks, public, health services and schools.
As a property owner and taxpayer, you have specific rights and responsibilities in the assessment process:
- You have the right to examine the Appraiser’s property records and verify that the property you own is listed and described correctly on the tax records.
- If you disagree with your property value, you may file an appeal with the appraiser.
- You have the responsibility to provide accurate information to the Appraiser about property you own.