Real and personal property taxes are levied in November by the City Council in conjunction with the adoption of the annual budget for the ensuing fiscal year beginning January 1. Levies are based on assessed property values certified on January 1 of the prior year and become a lien on the property at the beginning of the fiscal year. Real estate taxes may be paid in full January 31 or in two installments. The first half is due on or before January 31, and the second half is due on or before July 31.
The following tables include:
Gross Tax Levy for Each Taxing Entity in the City of Prescott (2008-2011)
Tax Rate per $1,000 of Assessed Value for Pierce County, Prescott School District, and Chippewa Valley Technical College
Assessed Value Compared to Equalized Value in the City of Prescott