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Mill Levy: The 2010 mill levy for residents of the City of Haysville is 48.421. In addition to the City’s Levy, real estate taxes are assessed for the State and County of 49.195 mills, USD 261 for 62.180 mills, and certain townships would have an additional cemetery mill levy. Without the cemetery levy the total is 159.796.
The value of each mill is based on the total assessed valuation of the City and is per $1,000. That valuation for the 2010 budget is $53,742,913 making one mill worth $53,742.91.
To calculate the taxes on a $100,000 home, multiply the appraised value ($100,000) by the percentage for residential housing of 11.5% ($100,000 x 11.5% = $11,500). The result is the assessed value of the home, or $11,500, and this is what the tax is based on. Multiply the assessed value ($11,500) by the total mill levy (city + state + county + school district) which for 2010 is 0.159796. The total tax due on the home would be $1,837.65. The same process would apply to a $55,000 home: $55,000 x 11.5% = $6,325 x 0.159796 = $1,010.71. Remember to add on the cemetery mill levy if you are assessed for one.