Current Tax Rates

Real estate tax

$0.81 cents per $100 of assessed value

Personal property tax

$3.57 per $100 of assessed value

Business personal property tax

$3.57 per $100 of assessed value

Machinery and tools tax

$3.57 per $100 of assessed value
(assessed value = 10% of original capitalized cost excluding capitalized interest)

Merchants capital tax

$1.90 per $100 of assessed value
(assessed value = 10% of market value)

Aircraft tax

$0.50 per $100 of assessed value

Contractors and business license tax

$0.10 per $100 of gross receipts
(applies only if gross receipts exceed $100,000)

Transient occupancy tax

8% of the amount paid for lodging to hotel, motel, boarding house or travel campground for continuous occupancy for fewer than 30 consecutive days

Public service corporations

$0.81 cents per $100 of assessed value for real estate and $3.57 per $100 of assessed value for personal property

Public service corporations (generating facilites)

$0.55 cents per $100 of assessed value