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2023 Draft Tax Bill Projections 9-7-2022Property Tax Classification Cost per $1,000 in value Difference over PY Cost per $100,000 in value Difference over PY Cost per $250,000 in value Difference over PY Per Median Value of $478,800 Difference over PY Class 1a Homestead Under $500k $3.09 $0.00 $309.45 $0.00 $773.64 $0.00 $1,475.48 $0.00 Class 1a Homestead Over $500k $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Class 2a Agricutural Land first $1.5Mil $1.55 $0.00 $154.73 $0.00 $386.82 $0.00 $737.74 $0.00 Class 2c Managed Forest Land $2.01 $0.00 $201.15 $0.00 $502.86 $0.00 $959.06 $0.00 Class 3a Commercial-Industrial, Utility first $150k $4.64 $0.00 $464.18 $0.00 $0.00 $0.00 $0.00 $0.00 Class 3a Commercial-Industrial, Utility over $150k $6.19 $0.00 $0.00 $0.00 $1,547.27 $0.00 $2,950.95 -$0.01 Property Tax Classification Cost per $600,000 in value Difference over PY Cost per $800,000 in value Difference over PY Cost per $1,000,000 in value Difference over PY Class 1a Homestead Under $500k $1,856.72 $0.00 $2,475.63 -$0.01 $0.00 $0.00 Class 1a Homestead Over $500k $0.00 $0.00 $0.00 $0.00 $4,409.72 -$0.01 Class 2a Agricutural Land first $1.5Mil $928.36 $0.00 $1,237.82 $0.00 $1,547.27 $0.00 Class 2c Managed Forest Land $1,206.87 $0.00 $1,609.16 $0.00 $2,011.45 $0.00 Class 3a Commercial-Industrial, Utility first $150k $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Class 3a Commercial-Industrial, Utility over $150k $3,713.45 -$0.01 $4,951.26 -$0.01 $6,189.08 -$0.01 * The Assessor's estimated median home value for 2022. Estimates for 2023 will be available next year. These are estimated costs based on Washington County Estimated net tax capacity for 2023 and are strictly a reflection of the predicted change in only the City's property tax. The following is a breakdown of tax bill impacts: 2023 Estimated Tax Rate Impacts