Manufactured &
Mobile Homes
Under
the new method, Manufactured or Mobile Homes will
be taxed like real property. This method applies to all homes
purchased or transfered after January 1,2000, as well as
those for which the owner elects to convert to the new method.
For
a home purchased in 2000, the tax would be calculated as follows:
Calculating
Tax Using the Appraised Method
| Appraised
Value |
$56,
421 |
| Assessment
% |
35% |
| Assessed
Value |
$19,750 |
|
* Effective Tax Rate |
48.363115 |
| Subtotal |
$955.17 |
| 10%
Rollback |
95.52 |
| 2
1/2% Credit |
23.88 |
|
|
| 2000
Full Year Tax |
$835.78 |
| Estimating
Your Tax Using the Appraised Method
|
|
|
|