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

Example Calculation

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. How can I obtain Information for properties in Holland?
2. When are tax bills sent out and when are they due?
3. How is my tax bill calculated?
4. What if I cannot pay my entire tax bill by the due date?
5. What type of payments do you accept for paying my taxes?
6. What is the process if I decide to pay my tax bill using my credit card?
7. How do I change my mailing address?
8. What is a Principal Residence Exemption (PRE)?
9. How do I apply for a Principal Residence Exemption?
10. What is my tax bill savings having a Principal Residence Exemption?
11. When do I need to Rescind my Principal Residence Exemption (PRE)?
12. I believe my Assessed Value is too High. What can I do to get my Assessed Value reviewed?
13. What is True Cash Value (TCV), Assessed Value (AV), State Equalized Value (SEV), and taxable Value (TV)?
14. Why is my Taxable Value, and thus my taxes, more than the previous owner had paid? What is Uncapping?