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Old 09-08-2007, 01:01 PM
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Default property tax rates
does anyone know (understand) the difference between total tax rate and full value tax rate? which one do you pay? also what is the equalization ratio for? thanks for any help.
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Old 09-08-2007, 03:21 PM
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Originally Posted by skinut74 View Post
does anyone know (understand) the difference between total tax rate and full value tax rate? which one do you pay? also what is the equalization ratio for? thanks for any help.
I posed this same question a couple of months back. This is the link:

http://www.city-data.com/forum/new-h...-question.html

I never really got a straight answer. Anyone now?
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Old 06-10-2008, 01:19 AM
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I posed the same question recently.I was told total tax rate is combined rate of school, fire, county & state tax.
Full value tax rate is when your home is assessed at full market value-100 percent-
as required by state law. I dont know about the equalization ratio-I hope this helps a little
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