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Understanding Your Tax Bill

Mailing Address – To change a mailing address, please contact the Assessor’s office.

Check Payment Information – Check should be payable to Treasurer or City of Oak Creek

Total Assessed Value – An estimate of value assigned to taxable property by the assessor for purposes of taxation.

Average Assessment Ratio – A comparative figure, calculated by the State, showing the % relationship between the assessed value and the fair market value of the entire city.  This ratio is an average throughout the City, and is generally not provided until late October.

Net Assessed Value Rate – The tax levy divided by the tax base.  Usually expressed in dollars per thousand, the rate is then multiplied by the assessed value to determine the tax that each property must pay.  Note:  Does not reflect lottery credit.

Total Estimated Fair Market – The amount a willing buyer would pay a willing seller for a property.

Legal Description - contact Assessor’s office for acreage

Lottery Credit – Lottery & Gaming Credit, if blank or for further explanation see Lottery Credit

Special or Delinquent Charges – Special assessment charges, stormwater fund fee prepayment, noxious weeds, or delinquent water bill.

Full Payment – Total due for full payment.

Warning – If not paid by due date, installment option is lost and total tax is delinquent & subject to interest & penalty.