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This process can be used to translate
proposed tax rates to anticipated cost
:

 

Property tax calculator

• Determine assessed property value.

(If not known, CLICK HERE to access Department of Land Use property search. Use 'County Taxable' figure in the 'Tax/Assessment Info' section.)

• Delete the last two digits and then, using a calculator or sharp pencil,  multiply by the appropriate multipliers in these tables (Be sure to use the correct placement of decimal points.):

Basic property tax

Location

FY 2008

FY 2007

Unincorporated area

$0.5614

$0.4778

Arden

$0.4657

$0.3964

Ardencroft

$0.4657

$0.3964

Ardentown

$0.4657

$0.3964

Bellefonte

$0.3158

$0.2688

Delaware City

$0.2023

$0.1722

Elsmere

$0.2554

$0.2174

Location

FY 2008

FY 2007

Middletown

$0.2023

$0.1722

Newark

$0.1949

$0.1659

New Castle

$0.2023

$0.1722

Newport

$0.2270

$0.1932

Odessa

$0.2912

$0.2478

Townsend

$0.3158

$0.2688

Wilmington

$0.1949

$0.1659

 

School crossing guard tax

School district

FY 2008

FY 2007

Appoquinimink

$0.01333

$0.00607

Brandywine

$0.01722

$0.01621

Christina

$0.02691

$0.02426

School district

FY 2008

FY 2007

Colonial

$0.02488

$0.02477

Red Clay

$0.02296

$0.01993

 

 

Street light  tax*

Light type

FY 2008

FY 2007

Limited installation

$0.0320

$0.0500

Metal mercury

$0.1425

$0.1941

Ornamental mercury

$0.0550

$0.1056

* If the community has street lights

Light type

FY 2008

FY 2007

Turn-of-the-Century

$0.0925

$0.1581

Wood incandescent

$0.0045

$0.0210

Wood mercury

$0.0495

$0.0810

 

• Add results from the two or three tables (as applicable). Those are your fiscal 2007 and fiscal 2008 bills. Subtract fiscal 2007 from fiscal 2008 and divide by fiscal 2007 to get the overall percentage increase.

Note that this applies just to your county tax bill. School tax -- which in all cases is considerably higher -- is in addition to these sums.

SOURCE: New Castle County Department of Finance

 
Posted on April 13, 2007

© 2007. All rights reserved.

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