How is my tax bill calculated?

You pay taxes based on the taxable value of your property.

Tax Bill = (Taxable Value / 1,000) x Millage Rate


An example calculation is as follows using sample values and rates:

  • 55,000 taxable value / 1,000 = 55 x 33.8102 mills = approximately $1,860 (using the millage rate with Principal Residence Exemption)
  • A mill is $1 per $1,000 of the taxable value of your property

This sample calculation does not include:

  • The 1% administration fee collected by the City
  • Any special assessments that may be assessed against your property
  • Any delinquent utilities that may be added to your bill

Show All Answers

1. When are the tax bills sent out and when are they due?
2. I didn't receive my tax bill, what should I do?
3. My bill has someone else's name on it, what should I do?
4. How do I change my mailing address?
5. How is my tax bill calculated?
6. What if I cannot pay my entire tax bill by the due date?
7. What is the process if I decide to pay my tax bill using my credit card?
8. If I can't pay my tax bill on time will it affect my credit rating?
9. The taxable value or principal residence exemption for my property is being corrected at the board of review, should I wait for the corrected bill before paying?
10. When may I buy my dog license?
11. Can I pay my Holland Board of Public Works (HBPW) utility bill at City Hall?
12. Where can I pay my taxes and what payment options are available?