Jill Hall - Brown County Auditor

   
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Tax Calculator
Sale or Appraised Value

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X___________________________.35_

Assessed Value =_______________________________
Tax Rate X_______________________________
Subtotal =_______________________________
10% Rollback -_______________________________
2.5% Credit -_______________________________

Net Taxes

=_______________________________

Monthly (divide Net Taxes by 12) =_______________________________

Taxes Using the Depreciation Method

1999 1993
Purchase Price $ 56,421 $ 35,150
Depreciation % X 80% 50%

Depreciated Value $ 45,140 $ 17,575
Assessment % X 40% 40%

Assessed Value $ 18,056 $ 47,030
*Full Tax Rate X 79.75 79.75

2000 Full Year Taxes $ 1,439.97 $ 560.54

Taxes Using the Appraised Method

1999 1993
Appraised Value $ 56,421 $ 35,150
Assessment % X 35% 35%

Appraised Value $ 19,750 $ 13,760
*Effective Tax Rate 48.363115 48.363115

Subtotal $ 955.17 $ 665.48
10% Rollback 95.52 66.55
2.5% Credit X $ 23.88 $ 16.64

2000 Full Year Taxes $ 835.78 $ 582.29

* Current Tax Rate

The above examples shows two different situations. In the case of the home acquired in 1999, it would be beneficial to convert to the appraised taxation method. However, in the second example of a home acquired in 1993 it would not be beneficial.