M. W. Schofield, Assessor
How Are Property Taxes Calculated?
NRS 361.4723 provides a partial abatement of taxes. Please click on the following link for more information on the tax abatement .
To calculate the tax on a new home that does not qualify for the tax abatement, let's assume a home with a taxable value of $200,000, located in the City of Las Vegas with a tax rate of $3.50 per hundred of assessed value (.035). To determine the assessed value, multiply the taxable value of the home ($200,000) by the assessment ratio (35%):
$200,000 X .35 = $70,000 assessed value
To calculate the tax, multiply the assessed value ($70,000) by the tax rate (.035): $70,000 x .035 = $2,450.
If the home has already qualified for a 3% or 8% tax abatement, taxes will be figured on the assessed value from the base year it qualified. Questions regarding a tax amount for a specific property should contact the Treasurer's Office 702-455-4323.
Click here for more information on tax rates.
Tax rate questions: Clark County Manager's Office - Budget Division 702-455-3543
Assessment questions: Assessor's Office 702-455-4997
Built - 1994
 
|