How is the assessment calculated?
The annual assessment amount is calculated by multiplying the 100% assessed value of a key parcel obtained from the Montgomery County Auditor’s records (effective February 26, 2014) by the following rates:

1. District A (Central Business District) rate is 0.0348%
2. District B (outside District A, less exempt areas) rate is 0.049%

The above rates were derived by dividing the total estimated costs for each district by the total 100% assessed value of the district.

Show All Answers

1. What is a special assessment?
2. Why is the City utilizing a Street Light Special Assessment?
3. Who is being assessed?
4. How is the assessment calculated?
5. Where can I Go to locate my assessment?
6. How long will the assessment last?
7. What areas have been exempted and why?
8. How will I be charged for the assessment?
9. Will I receive an invoice?
10. How does this special assessment benefit me?
11. What are the standards?
12. Who do I contact with further questions?