The mill levy is the "tax rate" that is applied to the assessed value of your property. One mill is one dollar per $1,000 dollars of assessed value. It consists of a local portion which is used to fund area services and a statewide portion which is used to fund public schools. The statewide school mill levy is currently 20 mills. However, the first $20,000 in appraised value of your home is exempt from the statewide school mill levy.
The County Appraiser is responsible for determining the appropriate value of property based on state guidelines.
Real property is appraised at "market value" as it exists the first day of January each tax year, except for land devoted to agricultural use, which is appraised at its "use value" not "market value".
Valuation Notices are mailed once a year by the Appraiser’s Office. The Valuation Notice is the official notification of the County Appraiser's estimate of value for your real property.