Voters approve collection amounts for school levies. Tax rates are how much each property owner would pay per assessed $1,000. The actual rate may be different due to changes in state funding, property assessments and area growth; however, VPS can’t collect more than the amount that voters approved.
The estimated rates per thousand are:
- 43 cents in 2021
- 41 cents in 2022
- 40 cents in 2023
To determine the amount for your property, divide the total assessment by 1,000 and multiply it by the rates above.
A home assessed at $350,000 would pay an estimated $150 for the first year.
The math:
350,000 ÷ 1,000 = 350
350 × 43 cents = $150